| Commentary

(b) Emoluments

| Commentary

(b)     Emoluments

Something in the nature of a reward for service, for 'acting as or being an employee' is an emolument, and therefore 'earnings' (Hochstrasser v Mayes [1960] AC 376, 391–392, Lord Radcliffe). A sum paid to an individual for becoming an employee is also an emolument from the employment (Shilton v Wilmshurst [1991] 1 AC 684, 64 TC 78). The concept of 'emolument' is however wider than this. It can even extend to dividend income declared on shares which were awarded to employees by way of bonus incentives and other awards. Insertion of

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