Taxation of Termination Payments to be simplified

Meet the team:

Share this post: linkedin Twitter facebookshare Email
Posted in:HR and Employment|August 16, 2016 | Join the mailing list

HMRC has this week proposed several changes to the taxation of termination payments, which, if approved, are due to come into force in April 2018. The changes have been proposed in a bid to make the treatment of termination payments simpler and fairer.

The main changes are as follows:

The draft legislation is open for consultation until 5 October 2016.  The consultation document is available via

To find out more about the issues raised in this post, or to discuss any queries regarding termination payments or other HR issues please get in touch with our Employment legal team on or call +44 (0) 161 829 2599.
The information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by berg or any of its partners or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.

Join our mailing list

More from berg


" Well presented session, the role play made the issue real much better than sitting through a powerpoint presentation. The information shared was in a relaxed informal way but the seriousness of the subject matter was not lost.

Bernadette Rose, Anfield Children’s Centre

Enjoyed the mock tribunal and great insight into what ground needs to be covered in the HR update. The session was well presented and full of information relating to working life

Maria Bailey, Clarence High School