In a rare occurrence, an employment case has made it all the way to the Supreme Court.
Costs in estate litigation
Care required in entering into employment record of settlement
Inland Revenue’s Tax Counsel Office (TCO) issued Technical Decision Summary (TDS 23) 23/01 on 22 February 2023. TDS 23/01 concerns whether settlement payments received after an employment dispute were taxable employment income. This TDS highlights the importance of considering the tax implications of proposed payments received in settlement of employment disputes.