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Mayor of London and London Assembly: Payments

Volume 465: debated on Tuesday 23 October 2007

To ask the Chancellor of the Exchequer if he will put mechanisms in place so that payments made on ceasing to hold office as Mayor of London or London Assembly Member are exempt from tax up to the first £30,000. (160048)

The Government are aware of the proposals to introduce a severance scheme for members of the Greater London Authority under the Greater London Authority Bill and is considering the appropriate mechanisms for dealing with the taxation of any payments under the scheme.