Q&As

Are periodical payments classed as income for the purposes of the normal expenditure out of income exemption for inheritance tax?

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Published on LexisPSL on 12/07/2019

The following Private Client Q&A provides comprehensive and up to date legal information covering:

  • Are periodical payments classed as income for the purposes of the normal expenditure out of income exemption for inheritance tax?

Are periodical payments classed as income for the purposes of the normal expenditure out of income exemption for inheritance tax?

This Q&A deals with periodical payments relating to an award of damages by the court in a personal injury case or another type of award made further to a

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