Commentary

B5.603 Authors—overview

Business tax
Business tax | Commentary

B5.603 Authors—overview

Business tax | Commentary

Authors

B5.603 Authors—overview

Authors and dramatists, following a vocation as such, have been held to be assessable under ITTOIA 2005, ss 3–259 (Pt 2) on their profits from royalties, lump sums received in commutation of royalties, and lump sums received for the sale of copyright1, see B5.314.

In Household v Grimshaw2 an author received a lump sum as compensation for the termination of a contract between himself and a film company. He claimed that the compensation received was a capital payment, contending that the contract was a contract of employment, and was not entered into in the exercise of his

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