Commentary

(f) Relevant only where total exceeds £30,000

Division BII Taxation of Employment Income
| Commentary

(f) Relevant only where total exceeds £30,000

| Commentary

(f)     Relevant only where total exceeds £30,000

Third, the exception is relevant only where the total of damages (or statutory compensation), other termination benefits and legal costs, which would otherwise be chargeable to tax under the 'termination' provisions, exceeds £30,000. If they do not exceed that sum, the charge to tax under ITEPA 2003 s 401 is simply inapplicable and so is the exception. Sums which are chargeable to tax under another provision than s 401, such as arrears of pay which are chargeable as earnings in the ordinary way (see s 62), do not count

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