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Posted Mon, 30 Dec 2024 11:11:13 GMT by ruthw4447
my medical insurance benefit is already included on my tax code calculation so do I need to declare it on my self assessment as well?
Posted Wed, 08 Jan 2025 15:00:28 GMT by HMRC Admin 16 Response
Yes please include on your tax return.
Posted Wed, 08 Jan 2025 18:52:32 GMT by maxb
Here is a bit more detail to help understand why that is: A tax code is strictly a way for HMRC to tell employers etc. how much Pay As You Earn tax to deduct during the year. At the end of the year, the tax return reconsiders the whole of your tax affairs for the year, and adjusts if PAYE didn't get exactly the right result. So nothing is ever finally dealt with in a tax code - all details need to be independently included in the tax return, so that the whole year reconsideration results in the correct calculation.

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