I have recently signed up to ros.ie and have been claiming tax credits that I haven't had before.
I pay private health insurance, but understood that that was given relief at source. There is a section on claiming credits for permanent health insurance, what is this for?, am I entitled to claim if I pay my own insurance?
Any advice appreciated
Thanks
If you pay PHI ( which is a totally separate type of insurance to Meduical Insurance ) then relief is granted either on PAYE or on year end review. PHI is not tax relieved at source.
VHI is medical insurance ( not to be confused with Permanent Health Insurance as in the original post hre which is a totally different thing )
VHI and other medical insurance policies ( Quinn/Vivas Hibernian etc) are tax relieved at source already so there is no further relief due in respect of the premiums . i.e. the tax relief is granted already before you make your payment.
Not from what I have ever seen, but there is Income Tax relief so see that it is coded into your tax credit cert. ( again talking about PERMANENT Health Insurance and not medical insurance )
yes we are talking about permanent HI. I'm aware of the income tax relief and know that for my personal pension I can claim back PRSI, was just hoping for the added bonus of lumping the PHI into the PRSI refunds...