Do I pay tax on the payments I receive from insurance?

by Securitas on September 26, 2016

Any payments you receive from your policy are usually assessable for income tax purposes. We recommend that you seek independent tax advice from an accountant or the Australian Tax Office.

FAQ

September 26, 2016

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

September 26, 2016

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

September 26, 2016

If I make a claim, can the insurer cancel my policies?

September 26, 2016

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

If I make a claim, can the insurer cancel my policies?

Do I have to deal directly with the insurer if I need to make a claim?

Do I pay tax on the payments I receive from insurance?

Related Articles

Do I pay tax on the payments I receive from insurance?

Related Articles

Isn’t there a lot of fine print in insurance policies that makes it really hard to claim?

I’ve heard insurers will do anything they can to avoid paying a claim, is it really worth having cover?

If I make a claim, can the insurer cancel my policies?

Do I have to deal directly with the insurer if I need to make a claim?

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