Litco Law Blog

GST on Settlement Payments

GST on Settlement Payments

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.

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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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