INCOME TAX – Liability of employee under his employment contract to refund a proportion of a taxable Signing Bonus when the employee gave notice to resign prior to the end of the period for which the employee had committed to remain an employee – whether Signing Bonus ‘earnings’; whether repayment ‘negative Taxable Earnings’ – Yes – appeal dismissed
Citations:
[2014] UKUT 429 (TCC), [2015] STC 478, [2014] STI 3021, [2014] BTC 527
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 25 March 2022; Ref: scu.537626