Moorthy v Revenue and Customs Commissioners [UT (Tax)] 14.01.16 (Unreported)
Income tax - Termination of employment – Payment of £200,000 made under compromise agreement signed after termination - Whether payment within Chapter 3 of Part 6 of ITEPA 2003 and chargeable to income tax - Whether payment received in connection with termination of employment within section 401 ITEPA - Whether damages for injury to feelings payment on account of injury to employee within section 406 ITEPA - Whether Appellant can rely on ‘concession’ by HMRC to reduce amount chargeable to income tax. HELD taxpayer’s appeal dismissedhttp://www.bailii.org/uk/cases/UKUT/TCC/2016/13.pdf
Category: Taxation » Employment. Keyword(s): Termination of employment. Area(s) of law: Employment; Tax.
Source:  UKUT 13 (TCC).