Can I get a tax break on my life or disability insurance?By Marc Sevitz · Updated 30 May 2013I've recently become a patent and taken out life and disability insurance. Are there any tax rebates available on this? TaxTim Marc said:30 May 2013 at 22:41The only tax deduction relates to Income Protection in the event you become disabled and cannot work and lose out on earning income.Salary / IRP5MedicalDeductions
I've recently become a patent and taken out life and disability insurance. Are there any tax rebates available on this? TaxTim Marc said:30 May 2013 at 22:41The only tax deduction relates to Income Protection in the event you become disabled and cannot work and lose out on earning income.