Authors and dramatists, following a vocation as such, are chargeable under ITTOIA 2005, Pt 2 on their profits from royalties, lump sums received in commutation of royalties, and lump sums received for the sale of copyright1, see B5.314.
In Household2 an author received a lump sum as compensation for the termination of a contract between himself and a film company. He claimed that the compensation received was a capital payment, contending that the contract was a contract of employment, and was not entered into
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