Income protection tax notices for 2023/2024

Your clients will receive their Tax Notices, where possible, via email or alternatively via post. These letters will be available on your AIA Adviser Portal for your convenience.

 

Tax Notices will display total premiums paid during the 2023/2024 financial year together with the proportion attributable to benefits deemed to be for insurance against the loss of employment income. Any alterations or payments requested close to 30 June 2024 may not be reflected in this year's notice.

 

For details on how the insurance against the loss of employment income proportion has been determined for particular IP Plans, click here.

Should you, or your clients, have any questions about the taxation implications of the information in the Notice, please seek specialist taxation advice or contact the Australian Taxation Office on 13 10 20. 

 

If you have any further questions, please don't hesitate to contact your Client Development Manager or the Sales Support Team on 1800 033 490, Monday to Friday, excluding public holidays.