are insurance payments tax deductible

Are Insurance Payments Tax Deductible?

By Warren Kruger / July 22, 2018 / 0 Comments

  Are insurance payments tax deductible? As a general guideline, the ATO will allow a deduction for certain insurance premiums if it can be shown that the insurance cover relates to earning assessable income. In other words, life insurance, trauma insurance or critical care insurance are generally out. Income protection insurance is one example of […]

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