1. This is an appeal by Stephen Joseph Antelope against an assessment to income tax under Schedule E laid on him in the sum of £349,360 for the year 1992/93. Comprised in this sum is a so called termination payment of £197,000 derived by the Appellant from his employer, Derby Group plc, made up of £187,800 and a motor car valued at £9,200.
Want to read more?
This content requires a Croner-i Tax and Accounting subscription.