§ Mr. RookerTo ask the Chancellor of the Exchequer if the tax-free limit of £30,000 as termination payment for loss of office compensation by employees remains in force; and what plans he has to alter these arrangements. [37069]
§ Mr. JackThe exemption from tax for the first £30,000 of payments made to an individual as compensation for loss of employment, remains in force where the conditions laid down in sections 148 and 188 of the Taxes Act are met.