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Treasury consults on £95,000 cap on public sector payouts

The Treasury is consulting on draft regulations to introduce a cap of £95,000 on exit payments in the public sector, which are being introduced in response to concerns about the number of such payments that exceed or come close to £100,000 and the need to ensure they represent value for money

Treasury consults on £95,000 cap on public sector payouts
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  • Shared by Accountancy Daily
  • April 11, 2019
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The Small Business Enterprise and Employment Act 2015 as amended by the Enterprise Act 2016 sets out the duty to implement the cap through secondary legislation.

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