Location: Tax Allowances
(asked on 17th December 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, by how much has the relocation allowance been updated in line with inflation since its introduction in 1994.
This question was answered on 14th January 2021
The tax exempt relocation allowance has remained at £8,000 since it was introduced in 1994. The Government keeps all reliefs and allowances under review to ensure that they continue to meet policy objectives.