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Income protection policy contributions

Posted 26 July 2015 under Tax Questions


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Highlyfavoured says:
25 July 2015 at 17:55

I have contributions to an income protection policy. The policy belongs to my employer due to the fact that we used be on basic plus benefits but we have now moved over to cost to company. Are these contributions deductible by myself or not. If not what code should they be under in my IRP5?

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TaxTimTaxTim says:
26 July 2015 at 11:11

They are deductible, they should appear under the source code 4018 on your IRP5.


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