Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Mon, 27 Nov 2023 17:11:06 GMT by Boris
Hi, Do I need to pay tax on a payment from a health insurance company? My employer offers a Bupa dental insurance for employees. This employment benefit works following way: I paid for my dental treatment, then claimed this payment on Bupa insurance company online portal, and then received payment from insurance company for exactly same amount in my bank account. I don't know whether I should include this claim payout from dental insurance company in my self-assessment and pay tax on it. Can you please help? Thanks
Posted Wed, 29 Nov 2023 15:04:03 GMT by HMRC Admin 20 Response
Hi faizovboris,
No you will not declare the payout. you will already be declaring medical benefit from your employer and this covers any claims.
Thank you.
Posted Wed, 29 Nov 2023 20:52:13 GMT by Boris
Thank you for your answer! So in the case of health insurance, I need to pay tax only on the cost of health insurance because it was bought by the employer. But I don't need to pay tax on payments for medical treatments that I received from the insurance company?
Posted Fri, 01 Dec 2023 09:55:25 GMT by HMRC Admin 25 Response
Hi faizovboris,
That is correct,
Thank you. 
 
Posted Thu, 29 Aug 2024 17:16:58 GMT by UKHC
Hi, Regarding the personal health insurance policies which are paid by myself, I would like to have your answers for the following questions: (1) I understand that if the reimbursement from the personal health insurance policy, I no need to pay any tax on the compensation. Is this regulation applied to all the personal health insurance policies which were issued by the insurance companies in UK and overseas? (2) If the compensation from the health insurance is Daily Income compensation, e.g. £50 Per Day will be received from the insurance company as the compensation during my hospital confinement, then will I be required to pay tax on such compensation? What is the tax regulation for such Daily Income compensation if the health insurance policy is issued by the insurance company in overseas? Thank you in advance.
Posted Wed, 11 Sep 2024 07:29:17 GMT by HMRC Admin 21 Response
Hi UKHC,
I can only provide general information / guidance on this forum. For an answer to a detailed question of this nature, you would need to contact our Self Assessment helpline: Self Assessment: general enquiries, or seek professional advice.
Thank you.

You must be signed in to post in this forum.