Jo,
All Royalty payments are
taxable, HMRC associate these payments with self employed individuals. Anyone in
receipt of a Royalty who is in the employ of the organisation making the payment
could go through the payroll.
Regards
Sue
Fisher
Payroll
Manager
T. 01707
284646
F. 01707
284934
From: Payroll
administration mailing list [mailto:[log in to unmask]] On Behalf
Of Brewin Joanne
Sent: 19 October 2010 15:24
To:
[log in to unmask]
Subject: Royalty
fees
Dear All
The University is going to pay a ‘patent royalty’ to an
emeritus professor on profits made by the University on an invention developed
by the professor when he was an employee of the University. Does any know
off hand if this payment is taxable?
Kind regards
Jo
Jo
Brewin
Payroll
Manager
The
University of Northampton
01604
892796
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