Tax Question, Re UK NI ?

[Emily_Zac]

I know this is not IP related , but Does anyone know if the NI/Super contrubtions you pay to the uk Gov are tax deductable on your Oz tax return ?

thanks

Martin

 

[NedKelly]

I doubt it.

 

[JoyBoy]

I may be wrong, so double check, but from what I understand, you can only deduct an amount for superannuation contributions if you (as the employer) make a contribution on behalf of your employee to a complying superannuation fund. I doubt the fund the in the UK would be classified as a complying super fund.

 

[Qlds007]

Martin

Just to clarify your UK NI contributions do not go towards your old age or UK State Pension.

They are used to fund a variety of Govt expenditure similar to Medicare.

And NO they are not Tax deductible on your Aus Tax Return.