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Discrimination compensation: only financial loss arising from termination is taxable

  • Herbert Smith Freehills LLP
  • -
  • United Kingdom
  • -
  • December 23 2010

Compensation for discrimination (other than for financial loss arising from termination) is tax-free, even where it is considerably more than a tribunal would award for injury to feelings

Tax: VAT charge on retail vouchers

  • Herbert Smith Freehills LLP
  • -
  • European Union
  • -
  • October 1 2010

The European Court of Justice has ruled that part payment of salary to employees in the form of retail vouchers is a taxable supply for VAT purposes