This morning the Scottish Government confirmed that the upcoming Interim Compensation Payments to eligible infected individuals and bereaved partners will be paid by no later than the end of October as intended.
A letter is due to be sent out via SIBSS before the payment is made and will include vital information on the tax, benefits and inheritance exemptions relating to this payment.
This follows the UK Government releasing a written statement on the 11th October confirming that it will ensure these compensation payments will be exempt from income tax, capital gains tax, National Insurance contributions or inheritance tax for all eligible recipients in the UK Support Schemes. In addition, these payments will not be included as income for tax credit purposes.