Commentary on Sections Example 3 Ne = £5,000; Da = 183; De = 183; Smg = 0 Section 409: Exception for payments and benefits in respect of employee liabilities and indemnity insurance
1774.This section covers the treatment of a payment or benefit received by an employee in connection with a liability arising after the employee’s employment has ceased and its interaction with this Chapter. The payments or benefits in subsection (1) are not within this Chapter if the conditions in subsections (3) to (5)  are met. The section derives from section 92(10) of FA 1995.