SE13012 - Termination payments and benefits: Section 148 ICTA 1988: scope of the charge: "in connection with"

Section 148 ICTA 1988(1) and Paragraph 2(1) Schedule 11 ICTA 1988 (as enacted by FA 1998)

Section 148 ICTA 1988(1) refers to payments and benefits received “in connection with” a termination of employment (or change in the functions or emoluments of the employment).

That phrase is expanded in Paragraph 2(1) Schedule 11 ICTA 1988 to include payments and benefits received “directly or indirectly in consideration or in consequence of, or otherwise in connection with, the termination or change.”

This is a phrase of very wide scope: see examples at example SE13910.