2 articles tagged with Termination Payments.
Payments made for agreeing to a new or extended restrictive covenant (non-compete, non-solicit) when leaving a job are fully taxable as employment income — they don't share the £30,000 termination exemption. Here's why.
How ET awards are taxed in 2026/27 -- basic award, compensatory award, injury to feelings, and PENP explained with worked examples.