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

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  1. #1
    Registered User

    Nov 2008
    in the ning nang nong
    12,163

    I'm not self employed.

    Both life and income protection insurance are paid from my super.

    Does that mean I can't claim?

  2. #2
    BellyBelly Life Subscriber

    Feb 2006
    melbourne
    11,462

    Where the life insurance is provided through a superannuation fund, contributions made to fund insurance premiums are tax deductible for self employed persons and substantially self-employed persons and employers.

    However where life insurance is held outside of the superannuation environment, the premiums are generally not tax deductible.