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Loss of Income benefit contribution throughout the year

Posted 10 May 2017 under Tax Q&A
Stefan says:
10 May 2017 at 9:28

Can I claim loss of income benefit payments contributed. I have a life policy and and recieved an certificate stating that I contributed X amount towards the loss of income benefit. How can I claim that amount for tax purposes?

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TaxTim TaxTim says:
10 May 2017 at 9:40

If the policy is registered in Namibia and your broker can confirm that the contributions are tax deductible - you can proceed to claim the premiums.

Premiums are claimed in the deductions section.


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