PS Help: Tax - Australia 2019
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This screen is used to enter any bonus income received by the taxpayer from Life Assurance Funds or Friendly Societies.

Life assurance company and friendly society bonuses: Enter the total bonuses amount received by the taxpayer from life assurance companies and friendly societies.

An offset equal to the current company tax rate will be calculated on the amount of bonus income entered and the offset will be included in the taxpayer’s estimate.

 
Related topics

Supplementary Income

Item 22 - Bonuses from Life Insurance Companies and Friendly Societies

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This help topic is provided as a guide only, in accordance with our Legal Disclaimer.
For specific taxation or accounting advice, please consult the relevant tax authority or regulator.

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