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Income tax and NI exemptions for bursary payments to care leavers

The government has confirmed that it will implement all but one of the recommendations made by Sir Amyas Morse in his review of the loan charge rules. The legislation will have effect retrospectively to 5 April 2019, which is the relevant date for applying the loan charge. However, clauses related to repayments of voluntary payments will take effect on and after the date of Royal Assent to Finance Bill 2020.

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Added By: Sharon Worger on 12th Mar 2020 - 15:26
Last Updated: 12th Mar 2020 - 19:38

Number of Views: 100
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