4 ms·
What i am curious though is if they’ll be taxed on the money. Of so that means the compensation is far lower.
by gumballindie 3y ago
What i am curious though is if they’ll be taxed on the money. Of so that means the compensation is far lower.
- tyingq 3y agoSome about that here: https://www.rossmartin.co.uk/private-client-a-estate-planning/income-losses-claims-reliefs/6805-post-office-horizon-compensation-how-are-receipts-taxed https://www.rossmartin.co.uk/private-client-a-estate-plannin... Though that's talking about the prior monies paid, and not specifically this.
- gizajob 3y agoI believe compensation doesn't count as taxable income.
- pipes 3y agoThey may have already had to pay for bed and board for free accomodation they got while in prison: https://www.telegraph.co.uk/news/2023/08/06/wrongly-convicted-prisoners-no-longer-pay-jail-living-costs/ https://www.telegraph.co.uk/news/2023/08/06/wrongly-convicte... I remember David blunket introducing this ghastly mechanism and being shocked that no one cared. He was an awful home secretary.