Will I have to pay tax on my benefit?

TPD payment made through the superannuation will incur tax payments This may also affect any Centrelink payments you may be eligible for. It may be in your best interest to seek financial advice when receiving a lump sum payment to help mitigate the tax and any Centrelink benefits.

We can also assist you with experts within this area that will help review the tax liability and look at ways to assist in reducing the tax you pay.