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UK budget changes may tax death-in-service payments to Armed Forces families, sparking campaigner protests.
Proposed UK budget changes may impose a 40% inheritance tax on death-in-service payments to families of off-duty Armed Forces members, campaigners claim.
The Forces Pension Society is planning a formal response, urging Chancellor Rachel Reeves to exempt these payments from the new tax rules.
Current exemptions for those dying from wounds, accidents, or diseases on active service will remain.
5 months ago
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