Taxation

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Author: Julian Roskill, partner and head of the London employment group, Mayer Brown Rowe & Maw LLP
Resource type: ELA Briefing
One point that regularly crops up when negotiating a compromise agreement is the correct tax treatment of any compensation payment contained in it. Two situations that have created debate are (1) where there is a payment in lieu of notice (Pilon) provision in the employment contract and (2) where there is no Pilon clause but the employer wants to pay, as a compensation payment, a sum equivalent to salary (and possibly also benefits) for the notice period.
Author: Alex Lock, Beachcroft Wansbroughs
Resource type: ELA Briefing
Considering the excitement over the publication of the new TUPE regulations, it is a surprise that anyone has had time to deal with other employment law issues. For those unconcerned with service provision changes and employee liability information, you will be pleased to know that the great employment law machine continues apace.
Topics: Taxation
Author: David Cubitt, Osborne Clarke
Resource type: ELA Briefing
HM Revenue and Customs appears to be taking a tougher line on “auto-PILONs” – PILONs made where the relevant employment contract is silent but where the employer is making such payments as a reflex action to the termination.
Author: Jonathan Brain is a partner at Mills Kemp & Brown Solicitors
Resource type: ELA Briefing
On 25 October 1999 the statutory cap upon the compensatory award for unfair dismissal prescribed by s.124(1) of the Employment Rights Act 1996 was raised from £12,000 to £50,000. This increase was expected to give rise to some difficult questions in relation to the tax treatment of awards.
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