Jacob Fenech
speaker
958 appearances
3 recordings
1 series
first heard Jun 2021
last heard Jun 2022
Jacob Fenech’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
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?
Showing 181–200 of 958 · page 10 of 48
← Previous
Next →