FTTTx Income Tax/Corporation Tax : Employment Income – INCOME TAX- employment income – payments made under Compromise Agreement on termination of employment – valuation of employment related shares – whether shares restricted – negative earnings – giving up long dated options – consideration moving from employee as part of Compromise Agreement – Held – Employer operating restriction on shares in practice – valuation should reflect restrictions – Compromise Agreement single bargain representing all rights and obligations of parties – no separate consideration given by employee – appeal allowed in part.
[2015] UKFTT 375 (TC)
Bailii
England and Wales
Income Tax
Updated: 03 January 2022; Ref: scu.551554