Blogger
Share this content
0
0
1070

Health insurance BIK v drawings calculator

Have a client who took out health insurance a few months ago, paid for by Ltd co (her & son are shareholders). 3 policies for her (a director), her son (a director), son's wife (an employee). Is there an easy/quick way of calculating whether it is better if it stays as a company expense, goes on P11d (don't currently need them) & pay Class 1a NIC (both directors 40% tax payers) or if payments go through directors' loan accounts (both in credit).

Thanks

Replies

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.