Tax back - medical expenses

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envelope

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Im self employed (LTD company) just wondering is it possible to claim tax back on laser eye surgery and big dental jobs the same way that ordinary paye people do or am i not eligable?
 
I can't see anything [broken link removed] that suggests that only PAYE taxpayers can claim such relief. What does your accountant advise?
 
she said that the laser should be tax deductable but she wasnt too convincing and she has made a few boo boo's in the past so i just wanted to see if anyone else had sucessfully managed it.
 
Haven't claimed for laser eye surgery but can claim for everything else...don't see why not!
 
envelope said:
she said that the laser should be tax deductable but she wasnt too convincing and she has made a few boo boo's in the past so i just wanted to see if anyone else had sucessfully managed it.
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As far as I know laser eye surgery medical expenses qualify for Med1 relief. You might want to consider engaging an accountant/tax advisor who can better advise you.
 
See [broken link removed]... (from [broken link removed])

You can claim tax relief for a range of medical and dental expenses including:
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  • The cost of visits to doctors or consultants
  • Hospital treatment
  • Orthoptic treatment
  • Maintenance in an approved nursing home
  • Transport by ambulance
  • Kidney patient treatment, such as hospital dialysis, home dialysis or CAPD
  • The cost of prescribed drugs and medicines
  • The cost of diagnostic procedures
  • Hearing aids
  • Orthopaedic beds and chairs
  • Wheelchairs and wheelchair lifts (though no relief is available for adapting a home or premises to accommodate a lift)
  • Glucometer machines (for diabetics)
  • Physiotherapy
  • Dental crowns, veneers, gold posts, gold inlays, root canal treatment, periodontal treatment, orthodontic treatment, wisdom tooth extraction and bridgework
  • Severely handicapped people who require a computer to communicate can claim back the cost of the computer
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You must have a Med2 filled out for dental by your dentist. he/she should know what's allowable.
AFAIK eye laser treatment is fine - can't see a problem.
(sorry)
 
Being self-employed is no disadvantage in claiming these expenses. It comes into play when trying to claim on PRSI - you'll be on class S whereas an ordinary employee (not proprietary director) will usually be on class A, which is a more comprehensive cover - eg no refund for fillings on class S.
 
You can claim for laser eye surgery if self-employed through Med1.

If you tax advisor has made mistakes, drop her, remember you not she is liable if a mistake is noticed by Revenue in the future.
 
yeah i think i should change accountants , not sure how easy it is to do or if you have to wait until year end .
 
I claimed for laser eye surgery a few yrs ago and I didn't even have to produce the receipts
 
Hi,

I claimed for Lasik eye surgery last year on a med 1 and i received my refund with no complications.

Changing accountants is easy. I work in a practice myself and people do it all the time once you receive professional clearance from your old accountant your new one can then act on your behalf. Hope this helps...
 
Interesting thread. I have accummulated both dental and medical expenses this year which I would like to claim for...

Jockey in relation to your expenses- how much did you get back, relative to what you spent? Do you get a cheque or do they credit your tax credits?
 
tazdustdevil said:
Interesting thread. I have accummulated both dental and medical expenses this year which I would like to claim for...
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Normally you can only claim for expenses in a particular tax year at the end of that tax year.
Jockey in relation to your expenses- how much did you get back, relative to what you spent? Do you get a cheque or do they credit your tax credits?
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Otherwise unreimbursed qualifying expenses over the relevant limit (€125 for an individual, €250 for a claim in respect of more than one person - e.g. couple or family) benefit from tax relief at the individual's marginal rate (e.g. 20% or 42%). Revenue recalculate your tax for the year in the light of the MED1/2 claim your P60 details etc., issue a P21 balancing statement and refund any tax due by cheque or direct to your bank account if you choose.
 
It depents what rate of tax you pay. I got 42% back of what i paid which was over a grand. You will have to wait till next year to claim back for expenses incurred this year but its well worth it. I got a cheque off them i dont think they offset it aginst your tax credits. Hope that helps...

Jockey
 
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