E1.564 Interest On Damages For Personal Injury

Home / Simons-Taxes /Personal and employment tax /Part E1 Income tax /Division E1.5 Miscellaneous and exempt income /Interest-only income / E1.564 Interest on damages for personal injury

Commentary

Personal and employment tax

Interest on damages for personal injury is exempt from tax provided that certain conditions are met¹.

In particular, no liability to income tax arises in respect of interest on damages for personal injury or death if it is included in a sum awarded

View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

TAKE A FREE TRIAL

A4.204 Claims procedure—corporation tax

B5.301 Intellectual property—overview

B4.130 Summary of OECD guidelines on arm's length principle

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

E4.11120 Additional annual returns by employers—overview

I3.750 POAT—introduction to existing arrangements

��ɫ��