Commentary

(c) Specific allocation of monetary value

Division BII Taxation of Employment Income
| Commentary

(c) Specific allocation of monetary value

| Commentary

(c)     Specific allocation of monetary value

In contrast, if a settlement agreement specifically allocates a monetary value to an undertaking to discontinue or not to commence litigation, it is likely to fall within ITEPA 2003 s 225 (see (obiter) Appellant v Inspector of Taxes [2001] STC (SCD) 21 and RI 265).

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