Consultation on the simplification of the tax treatment of termination payments

Close date: 16 October 2015

The Government consults on simplifying the tax and national insurance treatment of termination payments to make it simpler and clearer for employers and employers to understand. The proposals include removing the distinction between contractual and non-contractual termination payments, aligning the tax and NICs treatment of termination payments and reviewing the current exemptions.

Consultation document: Simplification of the tax and national insurance treatment of termination payments
Consultation outcome: Simplification of the tax and national insurance treatment of termination payments