Continue reading "Termination Payments: A taxing issue for employers"
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Termination Payments: A taxing issue for employers
Mark Kaye and Charlie Bowden examine the impact of a recent Upper Tribunal decision on the tax treatment of payments for injury to feelings ‘The decision to separate pecuniary and non-pecuniary loss was the wrong interpretation of s401. The sole factor to consider is whether a payment is made in connection with termination of employment.’ …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Horner v Hasted [1995] STC 766
- Moorthy v Revenue and Customs [2014] UKFTT 834 (TC); [2016] UKUT 13 (TCC)
- Orthet Ltd v Vince-Cain [2004] UKEAT/0801/03
- Oti-Obihara v HMRC [2010] UKFTT 568 (TC)
- Timothy James Consulting Ltd v Wilton [2015] UKEAT 0082/14
- Vento v Chief Constable of West Yorkshire Police [2002] EWCA Civ 1871
- Walker v Adams [2003] STC (SCD) 269