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  1. Sim

    Tax Deduction for Income Protection Insurance

    Reply: 2.1.2.1.1 From: Sim' Hampel On 6/6/02 8:08:00 PM, Mr Jolly wrote: >You already get your >'deduction' for your health >insurance - Its the 30% >rebate. It's not a deduction, it's a rebate... very different things. It is also something that will not last for very much longer. >Don't...
  2. Sim

    Tax Deduction for Income Protection Insurance

    Reply: 2.1.1 From: Sim' Hampel Last company I worked for paid for our health insurance (top level HCF cover... worth about $3000 if we'd paid for it ourselves !!!), on our group certificate statements was an entry indicating the "grossed up" amount of about $4000 for FBT purposes. So I think...
  3. Sim

    Tax Deduction for Income Protection Insurance

    Reply: 1.1 From: Sim' Hampel Personally, I can't think of an argument to put forward to the ATO as to why Health Insurance should be tax deductible. It is essentially a personal expense. I'd love to be proven wrong on this though !!!!!!!!!
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