I'll be paying my consultant €2200. My friend told me I can claim back the tax on a med 3 from (am not 100% sure of that form).
But is that tax claimed back at 20% or at 41%?
Either would be great, but just wanted to know!
You can claim it back using a med 1 form.
They will give you the repayment back based on what percentage of tax you are paying at the moment.
[quote="SaJa":3rahb6zc]You can claim it back using a med 1 form.
They will give you the repayment back based on what percentage of tax you are paying at the moment.[/quote:3rahb6zc]
Have PMd you.. hope you dont mind!
When do you claim this back girls? I have to pay €2000 on next visit and balance then on final visit so do i apply now or when ive paid the balance. Also with BUPA do they pay hospital up front or do we send receipts off to them?
http://www.revenue.ie/index.htm?/revgui ... penses.htm
As far as I am aware you pay the balance that your health insurer doesn't pay when you leave the hospital.
You can find more information here:
and there's a good helpsheet also which explains which expenses are tax-deductible.
hope this helps!
you would pay your consultant upfront, in whatever installments you have agreed. Then, you do a tax return at the end of each year - i.e. submit a MED1 form, outlining all of your deductible health expenses for the year, and the revenue will pay you back whatever money is owed to you.
The form is available on
Well explained Toots12! I was just about to jump in and give a full explanation of it but you've pretty much explained it.
I'm a boring accountant so I do all thsi for a living!!
Thanks everyone, its great having so many people in the know!