(o) Health and employment insurance paymentsPeriodic payments under an insurance policy providing insurance against the risk of illness or injury, or the risk of loss of employment are exempt from income tax under ITTOIA 2005, subject to detailed conditions (see ITTOIA 2005 ss 735–743). The exemption does not apply if the premiums have qualified for relief against the income of the insured for the purposes of income tax (ITTOIA 2005 s 735(1)(b)), save to the extent that the policy is paid
Periodic payments under an insurance policy providing insurance against the risk of illness or injury, or the risk of loss of employment are exempt from income tax under ITTOIA 2005, subject to detailed conditions (see ITTOIA 2005 ss 735–743). The exemption does not apply if the premiums have qualified for relief against the income of the insured for the purposes of income tax (ITTOIA 2005 s 735(1)(b)), save to the extent that the policy is paid
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
Free trials are only available to individuals based in the UK
No Credit Card Required
No Downloads Necessary
0330 161 1234