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Tag: settlement agreement tax

Am I Liable to Pay Settlement Agreement Tax?
Settlement Agreements

Am I Liable to Pay Settlement Agreement Tax?

26 November 2021

Whether or not payments made under a settlement agreement are taxable depends on to what the particular payment relates. A termination package in a settlement agreement will typically comprise various contractual and non-contractual elements, some of which may be liable to income tax and some of which may be tax-exempt.  The tax position of termination […]

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