Medical insurance in self-assessment

sad2k

Hi all

I am doing self-assessment for the first time this year and a bit confused about what to put into "Pay from <Employer> - total from your P45 or P60. Enter the amount before tax taken off" field.

I believe this is supposed to be a gross number from "In this employment" from my P60, however, I've noticed this comment in the help section on the self-assessment page:

"If your employer has reported the amount of a benefit from your employment on your form P11D and taxed that amount through your payroll, you should deduct that amount (before tax is taken off) from the P60 or P45 figure. You should enter the amount you've deducted from the P60 or P45 figure in the required fields as appropriate. Refer to any specific advice issued by your employer if you are unsure what figures to enter."

I do have medical benefits on my P11D as follows:

Private medical treatment or insurance - cost to you XXX GBP - amount made good or from which tax deducated XXX GBP (same amount) - cash equivalent (blank)

I believe this means that I've paid all my tax on medical insurance, however, it's not clear whether I should deduct this number XXX GBP from my P60 number or not. I'm later adding it on the benefits page so a bit worried if this means taxing the same amount twice.

Does anyone know?

[Deleted User]

If your employer has reported the amount of a benefit from your employment on your form P11D and taxed that amount through your payroll

Your employer may have reported the figure on the P11D but has he adjusted your salary for the benefit in kind - the highlighted bit?

If there is nothing on your payslip to reflect this you cannot make a deduction from your P60 figure. Having said all of that, your code could well have been adjusted to collect the tax on the benefit in kind charge and it will balance out. Have you a copy of your coding notice for 2014/15?

sad2k

I dont have a coding notice, however I believe this is all taxed through paye (I can double check with HR). Also looking at the payslips I can see "Txble Med Ben" on top of my salary and also in the deductions so this should probably also mean it's taxed?

sad2k

Actually I'm just being stupid...

"Enter the total cash equivalent of any private medical or other health treatment or insurance you get by reason of your employment. Generally, it's the cost to the person who provided it to you (minus any amount you paid to that person)Enter the figure from section 1 box 11, on your P11D."


In my case cash equivalent of benefit is zero, so I shouldn't bother at all. Right?