Deductibility of insurance premiums in an SMSF | Accurium

Technical article
On 1 July 2011 the deductibility of insurance premiums in an SMSF changed, following completion of a four-year transition period from the introduction of the Simple Super reforms at 1 July 2007. In particular the premiums for a total and permanent disability (TPD) policy in an SMSF are no longer fully deductible.