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)
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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.