Exemptions from income tax for Horizon Convictions Redress Scheme compensation payments and Horizon Shortfall Scheme Fixed Sum Awards3.
(1)
Horizon Convictions Redress Scheme compensation payments and Horizon Shortfall Scheme Fixed Sum Awards are qualifying payments for the purposes of paragraph 3 of Part 1 of Schedule 15 to the Finance Act 2020.
(2)
This regulation applies to payments received on or after 13th March 2024.