Is Life looking so Golden? The taxation of payments on termination of employment – A snapshot of the status quo and future trends
Introduction Payments on the termination of employment, also known as severance payments or more popularly in the commercial world referred to as: Golden Parachutes, Golden Handshakes or Golden Goodbyes can take various forms. In non-litigious cases; taken at the lowest level they can be in the form of statutory redundancy payments as defined under the
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