(4) Payments other than on terminationThe occasion of the charge extends beyond termination of employment to payments made on occasions other than termination, but made 'in connection with' termination. In practice payments other than those made on termination will often be caught by some other provision, but this will not always be the case.A payment which is made otherwise than on an occasion of termination may (if not taxable as earnings or under some other provision) escape tax in the year of payment by using up the £30,000 exemption with the result that the exemption is not available when
The occasion of the charge extends beyond termination of employment to payments made on occasions other than termination, but made 'in connection with' termination. In practice payments other than those made on termination will often be caught by some other provision, but this will not always be the case.
A payment which is made otherwise than on an occasion of termination may (if not taxable as earnings or under some other provision) escape tax in the year of payment by using up the £30,000 exemption with the result that the exemption is not available when
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