Commentary

(o) Health and employment insurance payments

Division BII Taxation of Employment Income
| Commentary

(o) Health and employment insurance payments

| Commentary

(o)     Health and employment insurance payments

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 735743). 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

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