thread: Tax: what deductions did you forget last year?

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  1. #1
    Registered User

    Jan 2009
    In my own little fantasy world
    2,946

    If you are self employed and it's through your super fund then life insurance is deductible
    In this case it is a deduction for the super fund. And not always as the rules have changed for this year.

    Unless the rules have changed since I was a tax accountant, income protection is deductible, life insurance is not.

  2. #2
    Registered User

    Dec 2010
    The zoo
    735

    In this case it is a deduction for the super fund. And not always as the rules have changed for this year.
    Yep that's right. Sorry I wasn't too clear with my response