Personal injury compensation payments

Overview

If you receive a personal injury compensation payment, you may not have to pay tax on it.

Payments you are exempt from tax on include:

If a workplace accident causes your death, compensation of up to €200,000 may be payable from your former employer. This payment is exempt from tax.

If you are unsure if your compensation payment is exempt, please contact us via myEnquiries for further assistance.

Occasionally a personal injury can cause significant mental or physical damage. Where this occurs, you may not have to pay tax on income you receive from investing your compensation.