Income tax – payments by employers on the death of an employee to executors and family
Overview
This interpretation statement considers whether amounts paid by employers on the death of an employee are taxable to the recipients, which could include executors and family members. The statement also considers the deductibility of payments made by employers, whether employers have PAYE obligations in respect of payments, and the duties of executors to file tax returns for the deceased employee and any estate that may arise.
What happens next
We will acknowledge receipt of your comments immediately, and reply in more detail before the item is finalised.
Audiences
- Activities
- Tax technical
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