Awards for the income a claimant has lost between the date of their accident and the date of trial are generally reduced in order to account for the taxes and other deductions that  would have been paid on that income. The plaintiff is only entitled to the ‘net’ amount left over after such deductions. The actual amount of such deductions varies from case to case, and is often the subject of negotiation between the claimant’s lawyers and ICBC. The actual amount of the deduction used to arrive at the net wage loss claim may be much less than the 30% ICBC will often suggest. A personal injury or ICBC lawyer can help you in negotiate the minimum deduction from any such award.

 

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