Taxation of financial loss from discrimination – 3 Paper Buildings

Posted January 7th, 2025 in chambers articles, compensation, economic loss, employment, income tax, news and tagged by sally

‘Alex Leonhardt reviews the case of L v The Commissioners for His Majesty’s Revenue and Customs [2024] UKFTT 001044 (TC), in which the FTT considers the question of taxation of a settlement of financial losses from discrimination, and in particular when it is said that the losses flow from being prevented from taking on work.’

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3 Paper Buildings, 19th December 2024

Source: www.3pb.co.uk