EIM13012 - Termination payments and benefits: Section 401 ITEPA 2003: scope of the charge: in connection with termination or change
Section 401(1) ITEPA 2003
Briefly, Section 401 ITEPA 2003 refers to payments and benefits received in connection with a termination of employment (or change in the duties of or earnings from the employment).
The full scope includes payments and benefits received
鈥渄irectly or indirectly in consideration or in consequence of, or otherwise in connection with, the termination or change鈥�.
This is a phrase of very wide scope, see EIM13910. For example, in HMRC v Colquhoun the phrase 鈥渙therwise in connection with鈥� was equated with 鈥渋n any way connected with鈥�.