CA 1975 49 TC 693  STC 271  1 WLR 617  2 ALL ER 88
An insurance broker provided brokerage services to one of its important clients for a number of years. The client decided to move its business elsewhere and in recognition to the insurance broker made a payment of £5,000 by annual instalments of £1,000. The £5,000 was not deemed to be as a trading receipt, because it was in recognition for past services after the business relationship ceased. It was seen as a gift, therefore unsolicited and unexpected.