Jones Bros Ruthin (Civil Engineering) Co Ltd and Another v Revenue and Customs: FTTTx 20 Jan 2022

Procedure : Other – INCOME TAX, NATIONAL INSURANCE CONTRIBUTIONS – award of bonuses under contracts for differences – whether under the Income Tax (Pensions and Earnings) Act 2003 the arrangements in place were contracts for differences for the purposes of Part 7 of ITEPA – no – whether the payments made to employees should be treated as cash – yes – appeals dismissed

Citations:

[2022] UKFTT 26 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 29 April 2022; Ref: scu.675621