TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Claim for damages in respect of personal injuries

Revenue have issued guidance on the new section 189B TCA 1997 exemption in respect of periodic payments for personal injuries, introduced by the Civil Liability (Amendment) Act 2017. The section provides for an exemption from income tax for payments made to an individual on foot of a claim for damages in respect of personal injuries.