Jump to Content Jump to Main Navigation

Part Two Compensation, s.One General Principles in Assessing Compensatory Damages, 9 Form of compensatory damages, date for assessment, taxation

Andrew Burrows

From: Remedies for Torts, Breach of Contract, and Equitable Wrongs (4th Edition)

Andrew Burrows QC FBA

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 25 March 2023

Interest rate and damages — Types of damages

This chapter begins with a discussion of the form of compensatory damages, covering the once-and-for-all assessment and unconditional awarding of damages. It then turns to the date for the assessment of compensatory damages. It considers whether there is a time after which the court assessing damages is barred from taking into account events that have already occurred, and which value of money, property, or services the courts apply in assessing damages. The final section deals with taxation, focusing on whether the courts deduct income tax or corporation tax that the claimant would have paid for the gains that the claimant was prevented from making by the defendant’s tort or breach of contract.

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.