Sale of company

Sale of company

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My client is selling his ltd company for a very nice profit indeed. As part of sale his a couple of key staff will be made redundant. They will receive normal contractual redundancy payments.

In addition to these, our client wants to make a personal gift out of private funds to both of the individuals concerned as a goodwill gesture (in 1 case £100k).

Is there any risk of these payments being linked to their employments and taxed as Schedule E income or any other risks involved?

thanks
tv

tv

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