Insurance Broker

Tax tips for independent insurance brokers in Australia.

Allowable Expenses

• Professional Indemnity — Essential insurance for brokers.
• Software — Quoting and CRM systems.
• Marketing — Lead generation and advertising costs.
• Professional Bodies — NIBA or ANZIIF membership fees.

Tax Tips

• Claim for your practicing certificate and licensing.
• Travel to client meetings is deductible.
• Keep track of all networking and marketing expenses.

Frequently Asked Questions

Is my NIBA membership deductible?

Yes, as a professional association membership.

Can I claim for quoting software?

Yes, software used for your business is deductible.