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Policy Paper Published 11 Mar 2020 HM Revenue & Customs ↗ View on GOV.UK

Income Tax and National Insurance exemptions for bursary payments to care leavers

This Tax Information and Impact Note is about new Income Tax and National Insurance exemptions for bursary payments to care leavers.

▤ Verbatim text from source document

This measure creates statutory Income Tax and National Insurance contributions exemptions for the one-off £1,000 bursary paid to care leavers aged between 16 and 24 who enter an apprenticeship.