new job on £36k private health care inc but what will i be taxed

minority

just been offered a new job at 36k with health care but trying to work out tax inc student loan and my take home amount with and without the healthcare.

I am currently on around 32k.

I am thinking the health care for my family is a good idea since we have a 5month old baby and it would grant her quick medical care if needed.

rs65

My private medical cover is provided free of charge but with a P11D value of about £400 so the cost to me is 40% of £400 so £160 a year.

If I wanted to add on spouse/children it would cost me the amount required by my employer which, from memory, is around £500 a year (with no tax implications as it payable by me).

StephenM_2

The tax on the healthcare will be 20% of whatever your employer puts on your P11D for private healthcare.

Edit after rs65's post - I assume the OP is a standard rate taxpayer on the salary quoted.

jackyann

Very personal view, take it or leave it (I am a mother, grand-mother & recently retired nurse specialist)
Apart from convenience & nice carpets, private health care offers little that the NHS doesn't. Most schemes don't cover pre-existing conditions, and if you have major problems, they'll transfer you to the NHS.
Any children's problems are best dealt with in the NHS where the specialist knowledge is.

mildred1978

jackyann wrote: »

Very personal view, take it or leave it (I am a mother, grand-mother & recently retired nurse specialist)
Apart from convenience & nice carpets, private health care offers little that the NHS doesn't. Most schemes don't cover pre-existing conditions, and if you have major problems, they'll transfer you to the NHS.
Any children's problems are best dealt with in the NHS where the specialist knowledge is.

Apart from a speedy service. I was on the operating table within a week of seeing my GP when I had a hernia a few years back. The NHS would have had me wait 18 months or more.

steve1980

With the NHS Book & Choose scheme I am seeing a consultant within a week and surgery within 4 weeks.

mildred1978

steve1980 wrote: »

With the NHS Book & Choose scheme I am seeing a consultant within a week and surgery within 4 weeks.

We don't have that in Wales

minority

Cheers for the replies. Thought it would be more.

I just like the thought that she can be seen quicker as sine shocking waiting times in aberdeenshire. Example being my gf after birth her area is raw and only just got appointment end of Jan after it look like they Richard her up badly.

hcb42

jackyann wrote: »

Apart from convenience & nice carpets, private health care offers little that the NHS doesn't. Most schemes don't cover pre-existing conditions, and if you have major problems, they'll transfer you to the NHS.
Any children's problems are best dealt with in the NHS where the specialist knowledge is.

private wards, no waiting times, appointments to suit you, appointments that are not rushed through, not being on a mixed ward with "sick" people, and unable to sleep all night, other outpatient treatments which might be impossible to get on NHS.

Employers give this out for a reason, they want their employees to be fit and well, and well covered if they do get sick. It's a small price for additional peace of mind imho

pimento

jackyann wrote: »

Very personal view, take it or leave it (I am a mother, grand-mother & recently retired nurse specialist)
Apart from convenience & nice carpets, private health care offers little that the NHS doesn't. Most schemes don't cover pre-existing conditions, and if you have major problems, they'll transfer you to the NHS.
Any children's problems are best dealt with in the NHS where the specialist knowledge is.

My husband needed a major op about a year ago only offered by a couple of consultants in the country. He could have waited several months and gone NHS. As it was, I have private health insurance through work (which does cover pre-existing) and he went to a private hospital the very next week, with the same consultant.
The hospital (run by nuns) was absolutely spotless and overrun with staff. This was important as husband was bed bound for a week and the hospital is 65 miles from our house, so I couldn't be there all the time.
The private room and bathroom was like a hotel room and the food was great.

Cost to me? about £200 on my tax bill.

Cost to the insurance company? Just shy of £12000.

It's more than carpets.

emmell

I also agree that it's worth every penny in BIK. Having just had private treatment for a Total Knee Replacement (paid for by my hubbies company BUPA membership).
Yes, they do have nice carpets, they also have up to the minute equipment, loads of attentive staff (where nothing seems to be too much trouble), excellent food (even tho' my appetite did wane with the treatment), and they don't treat visitors as intefering intruders.
All NHS staff aren't the same, but some of them treat you like idiotic 2nd class citizens and to keep costs down the Management cut the staff availability down. How many hospitals have you been in when, as soon as you open one eye at 5am, there is a nurse stood there asking if you'd like a coffee?
All this adds to the well being of the patient. I go back in on 8th Feb for the other knee doing, and although I'm still apprehensive, I couldn't be going to a better place.
So join the scheme minority, it's worth it.
ML.