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Posted Tue, 09 Apr 2024 08:14:34 GMT by Nicola
Everywhere I have seen and based on what my insurer told me, a critical illness payout is not taxable. But should it still be included in my self assessment anywhere? The wording about 'payments from a personal insurance policy for sickness or disability benefits'. Should I include it or not? Thanks
Posted Thu, 18 Apr 2024 06:01:30 GMT by HMRC Admin 25
Hi Nicola,
You do not need to declare a Critical illness payment in your Self Assessment Tax Return.  
Thank you. 

 

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