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has road accident compansation counted as income for tax calculation?

2006-07-16 19:47:12 · 2 answers · asked by Anonymous in Politics & Government ➔ Government

2 answers

no It's not taxable

2006-07-16 19:52:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋

I would not expect to pay tax on accident compensation since this is compensation for loss and is not income.

2006-07-17 02:51:59 · answer #2 · answered by Kenneth H 5 · 0⤊ 0⤋

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