Claiming medical expenses

bobbyss

Doctors' visits, Physiotherapy non routine dental work etc.

Do you claim with VHI or Revenue's Myaccount? What's the difference?

L1011

Claim whatever you can from your health insurance. Often this is nothing or has a huge excess

The balance can be claimed for tax relief (20%) from Revenue. You do not get tax relief on something already refunded. Physio must be doctor prescribed and not much dental work is covered.

Jim_Hodge

Claim from VHI and then claim for any costs not recouped from them on your tax return for the year.

the_amazing_raisin

As others said, claim from VHI first (or whoever) to get the insurance

Then add the remainder to Revenue. There's two amounts on the Revenue receipt tracker.

I put the amount on the receipt under the total amount and the total - insurance refund under the amount claimed

Revenue haven't kicked my door down yet, so presumably I'm doing something right

I think there's a comment section where you can mention the amount refunded by your insurance

If you want you can also attached the claim statement from your insurance company to the same receipt as another image

At the end of the year, when filing your tax return you'll be able to claim 20% of the balance after the insurance refund as tax credits. If you did it the way I said then all the receipts will have the correct amount when they appear in the medical expenses claim, and you basically don't have to work it out yourself

L1011

https://www.boards.ie/discussion/comment/119854572#Comment_119854572

It isn't.

Jim_Hodge

@龜齾虪 paying to have basic paye and medical claims processed is a waste of 10% of any refund. It could not be simpler than revenue.ie

L1011

https://www.boards.ie/discussion/comment/119854603#Comment_119854603

Your income tax.

Jim_Hodge

https://www.boards.ie/discussion/comment/119854603#Comment_119854603

20% is the amount you get on to your tax credits. Nothing to do with VAT. There's no 20% VAT rate on services anyway.

L1011

https://www.boards.ie/discussion/comment/119854621#Comment_119854621

It is limited to standard rate

cython

https://www.boards.ie/discussion/comment/119854621#Comment_119854621

Nope, same as health insurance the relief on qualifying medical expenses is a flat 20%

the_amazing_raisin

https://www.boards.ie/discussion/comment/119854621#Comment_119854621

Nope, you get a fixed 20% of the expense amount back as tax credits, doesn't matter if you're on the higher rate. You can also claim for dependents

https://www.boards.ie/discussion/comment/119854583#Comment_119854583

Yeah as others said, giving up 10% of the refund isn't really worth it, it's a very simple process

Also, general bit of advice, claiming the full amount after you got a refund from insurance is tax fraud. Best not to spread that information around 😉

Raichu

https://www.boards.ie/discussion/comment/119854654#Comment_119854654

You’ll get a bill for money owed.

beachhead

Don't forget interest and penalties

Beasty

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