Paying back health cover to employer

Are their any tax implications if an employer pays health cover but the employee pays it back?

Didn't find your answer?

Health Insurers offer better rates on business plans rather than taking out a policy personally.   If an employer doesn't offer health insurance as a benefit, could an employee ask them to pay for it through the company and the employee pay it back to them over the year as a deduction from their salary?

What implications would this have re tax to the company or the employee?

Replies (1)

Please login or register to join the discussion.

RLI
By lionofludesch
27th Mar 2019 11:57

Health insurance is a benefit in kind so there's no tax advantage. Bit of NI advantage, if it's set up right, and - as you say - the price might be lower.

Thanks (1)