The Armed Forces Covenant Fund Trust (AFCFT) is providing SSAFA, the Armed Forces charity with a grant of £90,000 to...
Tax exemption measures for those who are no longer serving
Under the ELC scheme, most courses of study undertaken by individuals still serving are exempt from taxation, either as income or as a benefit in kind, if they can be justified as ‘work related’.
In order for Service leavers to benefit fully, HMRC and MoD have worked together to reach an agreement on tax exemption. This means that the Service leaver (or their surviving spouse, civil partner or eligible partner, where appropriate) will not be required to pay income tax on payments received under the ELC or FE/HE schemes. This allows them to draw maximum benefit from the schemes.
Austin Phillips and Richard Purdy – engineers from SMD, independent designer and manufacturer of work class and...
Pall-Ex has won the coveted Silver Employer Recognition Scheme (ERS) award from the Ministry of Defence for its support...
Case Studies See all
The perfect fit
‘Leaving the military as an able-bodied person is hard enough, let alone being disabled,’ says Jonathan ‘Jonny’ Holloway, who tells QUEST how, since leaving the Army following life-changing...Read more »
British Army officer
James Scott-Barrett trained at Sandhurst and served in the Scots Guards for six years, three of which he spent as a platoon commander in Afghanistan. Now, he’s halfway through an MBA at London...Read more »