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Can I claim tax relief on Health Insurance?

If the Medical Insurance is under the company name the company does get tax relief, however the director would be liable for personal tax as it would be seen as a benefit in kind and would need to be declared on a P11D form. Unless there is an advantage for using a company scheme ie. there being a number of people under the scheme and therefore gaining a group discount it would be better having it as a personal policy under the director's name.

If you wish to record this expense in Crunch, remember to select the expense type Employee Costs> Medical Insurance Contributions

If you are claiming for medical insurance whilst working abroad the expense should be entered as Employee costs> Staff Welfare.

See the full list of expenses that can be claimed

Last Updated: 14 Sep 2015 10:30AM BST
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