Tax and termination payments – Getting it right: September Summary
This month Mariano Rossetto, Forensic Accountant at Vincent’s Chartered Accountants, spoke about income tax consequences on payments at the conclusion of employment. Mariano discussed the complexities of correctly characterising termination payments. In particular he spoke about: Genuine redundancy payments; “redundancy” payments that don’t meet the genuine redundancy rules Compensation payments (principally for personal injury, unfair […]
employment termination payments, redundancy payments, tax, termination payments