Continue reading "Pay in lieu of notice: Taxing times for termination payments"
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Pay in lieu of notice: Taxing times for termination payments
Charles Wynn-Evans reports on the forthcoming changes to the taxation of termination payments to employees ‘Although the intention behind the government‘s reforms was to simplify the legislation, the revised rules have ended up being far from simple.‘ The changes to the tax treatment of payments made to employees on the termination of their employment coming …