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Discrimination compensation: only financial loss arising from termination is taxable
- Herbert Smith Freehills LLP
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- United Kingdom
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- 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
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- European Union
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- 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
