Is your company health care taxed?

[MikeyT]

I presume it is - just like a company car etc - it IS a benefit after all ...

My employer is deciding whether or not to remove our health care (under *Consultation ) - it is about £175 a month for each staff member ... so if it IS removed we presume we would each recover 23% (or whatever) of the £175 would we?

So about £40 OFF our monthly tax bills - as basic raters) ...

Cheers

[Bee_Jay]

Yes, it is taxed as a benefit. It will appear on your P60 from last year - check it and see how much you were taxed on.

[fulham911club]

Bee_Jay said:

Yes, it is taxed as a benefit. It will appear on your P60 from last year - check it and see how much you were taxed on.

Its on your P11D not P60....

[Deva Link]

MikeyT said:

it is about £175 a month for each staff member

Are you sure it's that much?

In my last big corporate job (finished 4 years ago) it was £600 per year for family cover.

Now in a much smaller company, only 3 of us have private medical cover, and for me & wifey it's £1200 per year.

[MikeyT]

Cheers guys ...

We were told it was £7k a year cost between three of us ...

Trying to fight for a bit of *comp* in other ways though should it be removed

[demon_jako]

I've managed to loose my medical cover this year becouse I'd apparently 'agreed' to loosing it in favour of a better car!

Still trying to work out how
320i MSport > A4 3.2 Quattro SLine

Maybe its becouse my 'Cockometer' reading has gone down

Oh Well