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Posted Wed, 09 Oct 2024 11:21:03 GMT by BlueMoon
I received a payout in the last tax year from my neighbour's home insurance following a fire which destroyed my fence and shed. The payment received was the exact amount quoted (and paid) to replace what was destroyed. Is this something that needs to be declared? Any help gratefully received!
Posted Fri, 18 Oct 2024 08:40:45 GMT by HMRC Admin 20 Response
Hi,
No you dont need to declare this.
Thank you.

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