Tax implications

When you become entitled to receive the benefits that are due to you, the first half on 1 February 2018 and
the second half on 1 February 2019, tax will become payable on the benefits that you receive.

How will my tax be calculated?

The tax that you pay depends on all of the money that you earn in the course of a tax year. Read more


To receive an allocation you needed to be a beneficiary. In terms of the trust deed the following employees could be beneficiaries:

  • Full-time permanent employees who were employed by the group on 2 February 2011 who work a 40 hour week or more;
  • Full-time permanent employees who started employment in the group between 2 February 2011 and 2 February 2015 who work a 40 hour week or more. Read more