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Income tax exemption for payments made under the LGBT Financial Recognition Scheme

12 December 2024

Proposing MP
James Murray Lab Co-op
Ealing North
Type
Written Ministerial Statement
Department
Treasury
View on Parliament.uk -->
TAGS
Defence Taxation

At a Glance

Issue Summary

The statement addresses the income tax exemption for payments made under the LGBT Financial Recognition Scheme.

Action Requested

The government confirms that ex-gratia payments made under the scheme will be exempt from income tax and plans to formalise this through secondary legislation in due course.

Key Facts

  • Payments under the LGBT Financial Recognition Scheme are exempt from income tax.
  • The scheme is designed for those who served under, and suffered from, the ban on LGBT personnel serving in HM Armed Forces between 1967-2000.
  • Secondary legislation will be used to formalise the tax exemption.
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