04 April 2013

UT Decision: HMRC v Knowledgepoint 360 Group Ltd

National Insurance Contributions – Class 1 – Payment by employee benefit trust to employee on winding up of the trust following sale of sponsoring company – whether a “gratuity” – no – Social Security (Contributions) Regulations 2001/1004, Schedule 3 Part X paragraph 5 – appeal allowed

Elizabeth Wilson acted for HMRC

Sadiya Choudhury acted for Knowledgepoint

Please click here for the full decision.