Tax tribunals underscore importance of timing

Discovering your office has been moved to the basement when you return to work after a career break is probably not a good sign.

This is what happened to a jeweller of retirement age in one of three tax tribunals about company cars and payments to employees, explains Nick Huber. All cases highlight the importance of timing in the tax system.

The employment tax decisions, published in January, were about company car benefits, conditional bonuses and termination payments.

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  • Termination payments
  • Conditional bonuses
  • Car benefits

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