Reid v Revenue and Customs: FTTTx 9 Feb 2016

Income tax – section 62(2) of the Income Tax (Earnings and Pensions) Act 2003 – ‘buy-out’ payments – whether or not earnings in relation to an employment – compensation for the loss of rights to a reward and benefit scheme – the replacement principle – appeal allowed in part

Citations:

[2016] UKFTT 79 (TC), [2016] SFTD 312, [2016] STI 1268

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 13 July 2022; Ref: scu.559938