Surrendered Benefit Subject to Income Tax

In Graeme Forsyth v HMRC, the Tribunal examined whether a one-off payment made by a former employer to a retired ex-employee was subject to income tax (IT)¬†or capital gains tax (CGT). The Facts Mr Forsyth retired from Nestle UK Ltd in 1995. Whilst employed by the company, he had been a member of its healthcare … Continue reading Surrendered Benefit Subject to Income Tax