Taxation on Termination – The Price of Simplicity

Morrish SolicitorsEmployment, Site NewsLeave a Comment

HMRC has published a piece of draft legislation which attempts to simplify the current regulations surrounding taxation of termination payments. The legislation is due to come into force in April 2018 and is currently open to consultation until the 5th of October 2016. It has been suggested that the overall complexity of the current tax rules in terms of termination … Read More