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Tax exemptions for compensation payments paid by the Post Office for Overturned Historical Convictions
23 September 2022
Type
Written Ministerial Statement
Department
Treasury
At a Glance
Issue Summary
The statement addresses tax exemptions for compensation payments made by the Post Office to postmasters who have had their convictions overturned due to the Horizon scandal.
Action Requested
The Government is announcing that victims will not pay any taxes on compensation payments, including those already received. The Government will legislate to exempt these payments from income tax, capital gains tax, National Insurance contributions, inheritance tax, and VAT where necessary.
Key Facts
- The Post Office Horizon scandal has affected postmasters over the past 20 years.
- Interim compensation payments of up to £100,000 have been made to postmasters with quashed convictions.
- HM Revenue and Customs will not collect any tax that may have been due on payments already made.
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