Graham Chase

This text brings together the various and often complex issues which have to be considered when paying, receiving or negotiating damages. The central and confusing issue of whether compensation/damages should be treated as capital or revenue receipt is covered in depth.

The author also answers numerous other important questions - what is the correct VAT treatment? Is interest paid as part of an award liable to tax? Does a severance payment include a taxable emolument? Tax practitioners in both legal and accounting firms and legal officers in insurance companies should find this a useful and practical guide to the correct and most advantageous tax treatment of settlements.

Contents includes: Introduction - Income tax - General principles of CGT - CGT reliefs - Direct taxes and the defendant - The position of employees - Taxation and quantum - VAT

Bibliographic detail

ISBN: 978 1 84766 510 2
Publication Date: Jan-13
Format: Paperback
Availability: Not yet published
List price: £85