EXIT PAYMENTS CAP AS AT 31 AUGUST (NOW SUPERSEDED)
Further to the News item dated 24 August about the earliest expected implementation date: the Treasury has told ALACE that [private]it “plans to allow a reasonable period for comment over the autumn” on a “comprehensive draft of the proposed regulations and supporting guidance”. It therefore sounds very unlikely that the cap will come into force as early as the 1 October date previously mentioned by the government. [/private]