GST on Settlement Payments
Jun 1, 2021
If you’ve filed a claim for Personal Injury, or you are thinking of making a claim, you may be wondering if you’ll have to pay GST on your settlement.
How Do I Settle My Own Personal Injury Claim?
Oct 28, 2013
Most people injured in an accident deal directly with the insurance company of the person or company responsible for causing the accident and injury to settle the matter without a personal injury lawyer. We hate to see this happen, because it usually means that the injured person will end up with much less than they are entitled to.
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IMPORTANT! If you agree to an insurance company’s settlement offer, you give up your legal right to pursue a personal injury claim. It is best to assess the full extent of your injuries and how they will affect your life before you accept an offer. Please note that you have a maximum of two years from the date of the accident to file an injury claim in Alberta.
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