Tax relief on medical expenses

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You may claim tax relief in respect of the cost of certain medical expenses paid by you and the main qualifying medical expenses are given in respect of the following Items of Expense.

However, you cannot claim tax relief for any expenditure which:

  • has been, or will be, reimbursed by another body such as the VHI, Laya healthcare, Hibernian Aviva Health, the Health Service Executive or other body or person;
  • has been, or will be, the subject of a compensation payment; or
  • relates to routine dental and ophthalmic care.

Who can I claim relief for?

You may claim tax relief in respect of any qualifying health expenses paid by you in respect of any individual.

Can I claim tax relief on the full cost of the qualifying health expenses?

Yes, since 2007 tax relief is available on the total amount of qualifying expenditure.

At which tax rate is the relief given?

Relief will be allowed at the standard rate of tax (20%) with the exception of nursing home expenditure which is allowable at the higher tax rate (40%), if applicable.

Claiming tax relief

Tax relief must be claimed within 4 years after the end of the tax year to which the claim relates; if you require assistance with making a claim, please contact a member of our professional Team on the following number: +353 74 912 2820 or email us at: mail@edwinfoley.com.

 

 Disclaimer information:

The information contained in this update may be subject to change and accordingly is not a substitute for professional advice or services, nor should it be used as a basis for any decision or action that may affect your finances or your business. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional advisor. This firm shall not be responsible for any loss whatsoever sustained by any person who relies on this update