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Finance Act 2020
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- UK Public General Acts
- 2020 c. 14
- SCHEDULE 15
- Introductory
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Changes over time for: Cross Heading: Introductory
Version Superseded: 22/02/2024
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- 22/07/2020- Amendment
- 01/10/2021
Point in time - 22/02/2024- Amendment
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IntroductoryU.K.
1(1)This Schedule provides for the following in respect of qualifying payments—U.K.
(a)an exemption from income tax, and
(b)an exemption from capital gains tax.
(2)This Schedule also provides for a relief from inheritance tax in respect of qualifying payments (but see paragraph 5(4), which contains an excepted case).
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