731 Periodical payments of personal injury damages
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Periodical payments of personal injury damages etc

731  Periodical payments of personal injury damages

(1)     No liability to income tax arises for the persons specified in section 733 in respect of periodical payments to which subsection (2) applies or annuity payments to which subsection (3) applies.

(2)     This subsection applies to periodical payments made pursuant to—

(a)     an order of the court, so far as it is made in reliance on section 2 of the Damages Act 1996

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