Tax implications on dread disease payout

By Evan Robinson · Updated

Ali

Ali said:
2 November 2015 at 8:49

With a Dread disease policy payout, will I have to pay tax on the amount paid out to me?
TaxTim Evan

TaxTim Evan said:
3 November 2015 at 9:41

No you will not, this amount will be free of tax.
Ali

Ali said:
3 November 2015 at 9:45

Thank you