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War widows recognition payments exempt from tax

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The UK government has announced that the £87,500 payments to war widow(er)s will be exempt from income tax and NICs. The payments will be available to those who lost entitlement to their war widow’s pension when they remarried or cohabited, under rules that were in place up to 2015. The recognition payment scheme is expected to be launched before the end of 2023.

Issue: 1634
Categories: News
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