No - MED1/2 tax relief is not a tax credit granted even to those who pay not tax like some others (e.g. SSIA topup tax credit, SSIA to pension incentive tax credit, owner occupier mortgage interest tax relief, private health insurance premium tax relief etc.).she didn't actually pay any tax. Is she entitled to claim tax relief on medical expenses anyway?
No - MED1/2 tax relief is not a tax credit granted even to those who pay not tax like some others (e.g. SSIA topup tax credit, SSIA to pension incentive tax credit, owner occupier mortgage interest tax relief, private health insurance premium tax relief etc.).
But the more you earn the more tax you pay! It doesn't make sense to give people back more or less tax than they actually paid does it? I don't really understand your point or see any grounds for complaint here.the way it's done it favours people with high income: if you pay tax @41% you get higher relief than if you pay tax @20% and if you don't pay tax then you get nothing. So, in the end the more you earn the more you are helped with your medical expenses...
But the more you earn the more tax you pay! It doesn't make sense to give people back more or less tax than they actually paid does it? I don't really understand your point or see any grounds for complaint here.
Not necessarily. The higher earner could have less disposable income due to higher financial committments (e.g. house, family expenses etc.).Well, you pay more tax because you ean more. Therefore, any medical expense will affect you less than someone that earns less
If the point of the relief is to ensure that people pay no tax on qualifying medical expenses then it makes sense for those on 41% to get 41% back, those on 20% to get 20% back and those who don't pay tax to get nothing back (since there is not tax paid to get back in the first place).and anyway you receive more help than someone who earns less.
Hi, I have shortened my previous comment because it was too long.Not necessarily. The higher earner could have less disposable income due to higher financial committments (e.g. house, family expenses etc.).
If the point of the relief is to ensure that people pay no tax on qualifying medical expenses then it makes sense for those on 41% to get 41% back, those on 20% to get 20% back and those who don't pay tax to get nothing back (since there is not tax paid to get back in the first place).
Interesting. Never heard anything about this myself. Do you have any more info (e.g. links etc.)? I guess that the many people who (judging by posts here) seem to claim relief on medical expenses paid abroad will still have to claim this back manually since relief at source is probably not going to happen in a foreign jurisdiction?I think Revenue are drawing up plans so that tax relief is given at source on all types of medical expenses, irrespective of whether you pay tax or which tax bracket your in.
I am interested in medical expenses paid abroad (I had some). Are you entitled to claim tax relief the same way you do with expenses in Ireland?Interesting. Never heard anything about this myself. Do you have any more info (e.g. links etc.)? I guess that the many people who (judging by posts here) seem to claim relief on medical expenses paid abroad will still have to claim this back manually since relief at source is probably not going to happen in a foreign jurisdiction?
Interesting. Never heard anything about this myself. Do you have any more info (e.g. links etc.)? I guess that the many people who (judging by posts here) seem to claim relief on medical expenses paid abroad will still have to claim this back manually since relief at source is probably not going to happen in a foreign jurisdiction?
Thanks - so it seems that this tax relief at source for medical expenses might only apply to those with private health insurance where the insurer can inform Revenue directly about any unreimbursed qualifying expenses but those without medical insurance will still have to claim relief as normal?[broken link removed]
Thanks - so it seems that this tax relief at source for medical expenses might only apply to those with private health insurance where the insurer can inform Revenue directly about any unreimbursed qualifying expenses but those without medical insurance will still have to claim relief as normal?
Eh? I wasn't criticising the plan - just trying to clarify what it was!Can you suggest an alternative
Can you suggest an alternative,
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