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Compensation Payments (Income Tax)

Volume 645: debated on Tuesday 25 July 1961

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asked the Minister of Housing and Local Government and Minister for Welsh Affairs how much of the compensation, other than interest, paid under the Town and Country Planning Acts in each year up to 1960–61, ranked as income of the recipients for the purposes of the Income Tax Acts.

As this would depend on the tax position of the person to whom the compensation is paid, I am unable to say how much, if any, of it, other than interest, ranks as income for Income Tax purposes.