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  • RE: Critical Illness payout - where would I include it?

    Hi there, Is the above the case for all critical illness payouts? That is, they don’t need to be added to a self assessment tax return and they don’t need to be disclosed to HMRC?
  • Critical Illness and Fellowship Funding

    Good morning. Please see my questions below: 1) I have received a critical illness payment. Based on discussions with my insurers and reading HMRC manuals (https://www.gov.uk/hmrc-internal-manuals/insurance-policyholder-taxation-manual/iptm6010), I believe this payment is not taxable. Can you please confirm if this is the case and whether the payment needs to be added to a Self Assessment tax return? 2) I have received funding (to cover accommodation and flights) to complete a research project oversees. The funding was provided by a charity and the project will help with some aspects of my current job (I am in full-time employment). I received three payments over the course of 6 months. Does this need to be added to a Self Assessment tax return and, if so which section should it be added to? Many thanks in advance for your help with the above.