TITLE

Farewell to the tax-free sum in `full and final' settlement?

AUTHOR(S)
McMullen, John
PUB. DATE
November 1995
SOURCE
People Management;11/2/1995, Vol. 1 Issue 22, p47
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that the Inland Revenue has put the tax exemption of certain termination payments in jeopardy. Background information on taxation of termination payments; Problem in making gross termination payments expressed in `full and final settlement'; Caution for employers regarding claims in a termination agreement.
ACCESSION #
9710246639

 

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