(g) Employee liabilitiesThere is an exemption from the termination provisions under ITEPA 2003 ss 409–410 for sums paid in respect of employee liabilities and insurance premiums which, had they been paid during employment, would have qualified for a deduction under ITEPA 2003 s 346 (see paras [190]–[193]). It applies to sums paid within six years after termination of employment. In addition to ordinary 'directors and officers' cover, this would be apt to exempt from tax under the termination provisions a payment in respect
There is an exemption from the termination provisions under ITEPA 2003 ss 409–410 for sums paid in respect of employee liabilities and insurance premiums which, had they been paid during employment, would have qualified for a deduction under ITEPA 2003 s 346 (see paras [190]–[193]). It applies to sums paid within six years after termination of employment. In addition to ordinary 'directors and officers' cover, this would be apt to exempt from tax under the termination provisions a payment in respect
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
Free trials are only available to individuals based in the UK
No Credit Card Required
No Downloads Necessary
0330 161 1234