Employer-Financed Retirement Benefits (Excluded Benefits for Tax Purposes) (Amendment) Regulations 2011 come into force
Implementation date: 7 October 2011
The Regulations implement a tax exemption in respect of certain payments made to members or former members of the armed forces and members of their family. Payments that are exempt include tuition fees, payments under the resettlement commutation, resettlement grants and gratuity earnings schemes, and the provision of independent inquest advice. The Regulations can be viewed on the UK legislation website.