(b) Settlement of dispute on terminationAt one time it was suggested that the provision was apt to catch a payment made in full and final settlement of a dispute on termination of employment. The Revenue's public position (Statement of Practice SP 3/96) is that the provisions are not intended to catch a financial settlement relating to the termination of an employment whereby the employee: — accepts the termination package in full and final settlement of all his outstanding claims relating to the employment; and/or — undertakes not to commence or, if already commenced, to discontinue, any legal proceedings in
At one time it was suggested that the provision was apt to catch a payment made in full and final settlement of a dispute on termination of employment. The Revenue's public position (Statement of Practice SP 3/96) is that the provisions are not intended to catch a financial settlement relating to the termination of an employment whereby the employee:
— accepts the termination package in full and final settlement of all his outstanding claims relating to the employment; and/or
— undertakes not to commence or, if already commenced, to discontinue, any legal proceedings in
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