Tilley v Wales (Inspector of Taxes)

[1943] A.C. 386

Between: Tilley - Appellant
And: Wales (Inspector of Taxes) - Respondent

Court:
House of Lords

Judges: Viscount Simon LC
Lord Atkin
Lord Thankerton
Lord Russell of Killowen
Lord Porter

Subject References:
REVENUE
INCOME TAX
ASSESSMENT
Managing director
Agreement releasing pension rights and accepting reduced salary for the future
Lump sum consideration

Legislative References:
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40) - sch. E

Hearing date: 10-11, 14 December 1942
Judgment date: 11 February 1943

ORDER

Appeal partly allowed.

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