Tax Codes


What Do You Know About Tax Deductions
Is Insurance Tax Deductible in Australia?  In Australia, life insurance is offered either as a retail policy or a superannuation fund. If you go for the superannuation fund, premium payments will be tax deductible while benefit payments will not. If you don’t go for superannuation, benefit payments will be tax deductible while premium payments will be taxed. Concessional Contribution If […]

What Do You Know About Tax Deductions