Armed Forces: Death-in-service Payments

Part of Defence – in the House of Commons at on 10 February 2025.

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Photo of Thomas Tugendhat Thomas Tugendhat Conservative, Tonbridge

If he will have discussions with the Chancellor of the exchequer on the potential merits of removing taxation from death-in-service payments.

Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.