Jacob Fenech

All the schemes.

Yeah.

The income protection insurance, it's one of those things where people are like, oh, well, I've got work cover, so I don't need it.

But I always think, because I play footy on weekends, mate, I see some of my friends get injured or even I'm okay because I work behind a desk.

Even if I broke my leg, I could probably still work.

Whereas a lot of people that are manual labor or whatever, if they hurt themselves and they don't have some sort of

income protection, and if they're a sole breadwinner for their family or whatever, they can be stuffed.

So I always say to them, well, look at getting income protection.

It's boring.

I know you've got to pay it.

I know.

But one thing is because it's linked to your income, you could potentially have it as a tax deduction.

You can also get it inside super, but then it's a different ballgame from a tax perspective.

Now, just to confirm this with you,

Let's say worst case scenario, I injured myself and I need to claim on my income protection insurance.

If I get, say, I don't know, just pull and figure out $5,000 a month from my income protection insurance.

If I was on that this year, do I have to put that in my tax return?

Okay, cool.

Just one final question for me.

Do you know roughly what the average tax return is most years?