FTTTx INCOME TAX – Employment income – whether payment made pursuant to a compromise agreement by employer to its employee taxable as ‘earnings’ under s62 ITEPA – no- payment non-taxable as it was made in respect of potential race discrimination claim – appeal against HMRC’s amendment to appellant’s self-assessment allowed in principle
Careless inaccuracy penalty – taxable redundancy amounts not included on return – appeal dismissed
[2015] UKFTT 189 (TC)
Bailii
England and Wales
Income Tax
Updated: 30 December 2021; Ref: scu.547410