Horizon Shortfall Scheme

As the Minister for Services, Small Business and Exports (Gareth Thomas) has previously announced, the Department for Business and Trade is introducing an independent Horizon shortfall scheme appeals process to ensure all claimants have a fair opportunity to receive full compensation, in line with the recommendations of the Horizon Compensation Advisory Board.

The Government are committed to taking swift action to ensure affected postmasters receive the financial redress they are owed, with minimal administrative burden. To this end, the Government will ensure that no income tax, capital gains tax, national insurance contributions, corporation tax, or inheritance tax will be payable on any compensation received through the appeals process.

The Government will legislate via secondary legislation to formalise this tax exemption shortly.

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