Tax Refund Claims for Medical Insurance

Medical Insurance Top Tax Tips

Remember, even if your employer pays for only part of your medical insurance, you can still claim up to 20% tax relief on the full amount of the insurance – this relief is owed to you, and not to your employer

What can be claimed?

20% off the cost of medical insurance through the Private Medical Insurance Tax scheme can be claimed.

 If you pay for medical insurance directly or it is paid by you through your employer, this tax relief is granted at source i.e. you are charged a reduced premium (80% of the gross amount) by the insurer.

 However, if your employer pays for all or part of your (or your family’s) medical insurance, tax relief is not granted at source. You will need to claim for this tax relief through a tax refund application.

 For the Typical Irish Family, this Tax Refund will be worth €800

 Based on policy held 4 years costing €1,000 per year.

 Claim Tax Refunds!

Contact us now to claim back tax for each year since 2009, use our contact form or Apply now.

 If you would like to estimate your tax refund, try our Tax Refund Calculator

 For more information

• Our Tax Refund Calculator can also be used to calculate all tax refunds, including medical insurance tax credits
• Read our blog posts on medical insurance