Redundancy pay: Contractual redundancy pay not taxable as "emolument"
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Mairs (HM Inspector of Taxes) v Haughey [1993] IRLR 551 HL (0 other reports)
The House of Lords rules in Mairs (HM Inspector of Taxes) v Haughey that genuine contractual redundancy payments are not taxable as "emoluments" from employment. Furthermore, a payment made to buy out an employee's right to receive such a payment in the event of redundancy must be treated in the same way.
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