Can I claim medical insurance expenses through my limited company?
Published Monday, 6th July 2020
Yes, but generally the expenses will need to be treated as a Benefit in Kind and reported on form P11D. This means that the premiums will be subject to Income Tax and Class 1 National Insurance. There are however some exceptions:
- Annual medical checks and health screenings
- Eye tests
- Glasses for a visual display unit prescription
- Medical expenses when working abroad
- Medical treatment or insurance related to operational risk injuries and diseases
Advice and guidance can vary on a case by case basis so if you would like to obtain further information, including an answer tailored to your specific circumstances, please do get in touch and we would be more than happy to help.
COPYRIGHT © 2021 CALDWELL PENN LIMITED | Company Reg Number: 03872209 | ICAEW - Institute of Chartered Accountants in England and Wales: C005061064