HC Deb 01 February 1973 vol 849 c434W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer whether severance payments made to dockers in registered ports in conformity with the recommendations of the Jones-Aldington Report are subject to taxation.

Mr. Noll

Redundancy and severance payments are within the scope of the "golden handshake" legislation, which incorporates an exemption for payments not exceeding £5,000. Since the individual severance payments under the recommendations of the Jones-Aldington Report will be less than this, they will not be taxable.