Termination payments hmrc manual

 

 

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Martin Scammell has received clearance from JVCC for HMRC's revised guidance to be shared for comment but HMRC have said that "this is our proposed line and isHMRC guidance is at EIM13120, EIM13600–EIM13690. ?30,000 exemption. If the full exemptions described above do not apply, the termination payment is taxable only HMRC has released guidance on the VAT treatment of early termination payments following recent decisions of the ECJ. In a change of HMRC policy,

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