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Thread: LOL and UK Tax
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Old 6th Jan 2013, 13:47
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Frogman1484
 
Join Date: Jul 2005
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Im not aware of any payments on our behalf. I recently looked into it as it might have conflicted with my Australian Loss of income insurance 75% of salary ratio.

What I did find is that it was not considered as income but rather as an insurance policy payout. I was also told that if I claimed a tax deduction for the premium paid then the payout would be taxed in Australia but if you did not claim the premium then it will be tax free.

I think that you will have to see a tax specialist in your home country to figure that one out.
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