Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Income Tax (Trading and Other Income) Act 2005

Crossheading Periodical payments of personal injury damages etc.

  • Section 731 Periodical payments of personal injury damages
  • Section 732 Compensation awards
  • Section 733 Persons entitled to exemptions for personal injury payments etc.
  • Section 734 Payments from trusts for injured persons
  1. Periodical payments of personal injury damages etc.
  2. Persons entitled to exemptions for personal injury payments etc.

Section 733 | Persons entitled to exemptions for personal injury payments etc.

From legislation.gov.uk

The persons entitled to the exemptions given by sections 731(1) and 732(1) for payments are—

(a)the person entitled to the damages under the order, agreement, undertaking or to the compensation under the award in question (“A”),

(b)a person who receives the payment in question on behalf of A, and

(c)a trustee who receives the payment in question on trust for the benefit of A under a trust under which A is, while alive, the only person who may benefit.

PreviousNext
PrivacyTerms