Income Tax – Itepa 2003 Section 401 – Taxpayer Received 6 Million pounds Payment From Former Employer In Settlement of Employment Tribunal proceedings and claims relating to taxpayer’s prior employment and its termination – taxpayer’s employment had been terminated a year before receiving the payment – was the settlement payment indirectly in consequence of, or otherwise in connection with, the termination? –
Held: yes – appeal dismissed
Citations:
[2022] UKFTT 88 (TC)
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 27 April 2022; Ref: scu.675684