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Episode 10: Tax on Payments in Lieu of Notice
Manage episode 442552898 series 3602253
Το περιεχόμενο παρέχεται από το Geoffrey Caesar. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Geoffrey Caesar ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Received a settlement agreement? Email geoffrey@settlementsolicitor.uk or call 0800 061 4816 for a free, fast, confidential service.
In Episode 10 of The Settlement Agreement Solicitor, host Geoffrey Caesar, an expert solicitor with over 20 years of experience, delves into the topic: Tax on Payments in Lieu of Notice (PILON). This episode explores the crucial tax changes introduced in April 2018, which impact how PILON is treated under UK tax law. Geoffrey explains what PILON is, how it was taxed before 2018, and the legislative change that now makes all PILON payments fully taxable, whether or not they’re included in your contract.
Tune in to understand how these changes affect your settlement agreement and why it's vital to get expert legal advice to avoid costly tax implications. If you’re negotiating a settlement agreement, Geoffrey provides valuable insights to help you navigate this process smoothly.
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