HC Deb 04 March 1977 vol 927 c355W
Mr. Ridley

asked the Chancellor of the Exchequer whether a payment to an employee on termination of his employment is chargeable to income tax if the employee is entitled to receive it.

Mr. Robert Sheldon

Where the employee has a contractual right to the payment, such payments, other than statutory redundancy payments, are taxable.

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