Compensation

Compensation

Postby davetr on Fri Mar 12, 2010 12:22 pm

Hi,

We have a client that is a Ltd Company. They have received compensation from company for loss of earnings.

Is this compensation taxable?

Thanks,

Dave
davetr
 
Posts: 19
Joined: Tue Apr 14, 2009 10:01 am

Re: Compensation

Postby Incredulum on Fri Mar 12, 2010 3:23 pm

Very hard to think of a set of circumstances where income is not treated as taxable.

This is a UK Ltd co?
Incredulum
 
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