Hi,
I had an accident in which my car was written off(total loss). I used that car for Ride-share and I did claim about 93% Income Tax Credits under my ABN. Now the insurance company asking to provide the % ITCE and they also mentioned they will deduct the amount from the payout. Initially they agreed to payout $35600 and then they said they will deduct $384 for CTP and registration. And now they stating that they also deduct around $3700 as I claimed 93%. So can I claim back that amount through Tax? Are they entitled to deduct the amount from the payout. I have to pay to my financial service as my car was financed. Can you please explain?
3,251 views
3,251 views3 replies
3 replies
3,251 views
3 replies