[SAIM2330] SAIM2330 – Interest: exemptions: personal injury damages
Interest included in damages for personal injury
Interest on damages (including, in Scotland, solatium) in respect of personal injuries or death included in an award by order of a court in any part of the United Kingdom is exempted from tax by ITTOIA05/S751. Such interest may be granted for the period, or any part of the period, from the date the cause of action arose to the date of the award. ‘Personal injuries’ for this purpose includes any disease or impairment of a person's physical or mental condition.