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Indemnity insurance tax deduction claim

Posted 4 July 2017

BABS says:
3 July 2017 at 15:20

Can a pharmacist working for the government claim as a tax expense professional indemnity insurance? My income source codes on my IRP5s are 3601 and 3605.

TaxTim TaxTim says:
4 July 2017 at 23:41

Unfortunately with those source codes you won't be able to deduct the PI insurance.

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