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CX 31: Contributions to income protection insurance
or “Employer payments for taxable income protection insurance aren't a fringe benefit”
You could also call this:

“Tax-free services for super funds if they could've claimed a deduction”

You don’t have to pay extra tax on services given to a superannuation fund if the fund could have claimed a tax deduction for those services. This means that if the superannuation fund had paid for the services itself, and could have deducted that cost from its taxes, then providing those services to the fund isn’t counted as a fringe benefit. This rule helps to make sure that superannuation funds aren’t unfairly taxed for services they need.

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Next up: CX 33: Goods provided at discount by third parties

or “Rules for employee discounts from third parties”
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Part C Income
Excluded income: Exclusions and limitations

CX 32Services provided to superannuation fund

  1. A fringe benefit does not arise if services are provided to a superannuation fund to the extent to which the superannuation fund would have been allowed a deduction for the expenditure incurred in providing the services if the expenditure had been incurred by the superannuation fund.

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