SE12830 - Termination payments and benefits: common questions: cross-references to instructions
The table below lists some of the more common questions about
the tax treatment of termination payments and benefits: it is not
comprehensive nor in any particular order.
The best starting point for guidance on dealing with
termination payments is
SE12805
| Common question | Instructions |
| Are termination payments and benefits always taxable under Section 148 ICTA 1988? | SE12805 |
| How are non-cash benefits valued for Section 148 ICTA 1988 purposes? | SE13040 3rd bullet |
| How is unfair dismissal dealt with? | SE12960 |
| What is a restrictive covenant? | SE03600 |
| How are payments in lieu of notice ('PILONs') taxed? | SE12975 |
| What are 'damages'? | SE13070 |
| What difference does a Compromise Agreement make? | SE12855 |
| How are 'out of court' settlements dealt with? | SE12855 |
| How is 'compensation for loss of office' dealt with? | . |
| What can be taxed by Section 148 ICTA 1988? | SE13000 |
| What are the reporting requirements for employers for Section 148 ICTA 1988? | SE13844 |
| What is a 'genuine' redundancy? | SE13800 |
| Must a 'clearance' be given for a redundancy scheme? | SE13785 |
| What is the year of assessment for Section 148 ICTA 1988? | SE13100 |
| How are awards by Employment Tribunals taxed? | SE12950 |
