P11d Private Medical Insurance Form Section I

P11d Private Medical Insurance Form Section I covers the cost of medical and dental insurance paid for on behalf of an employee or director.

P11d Form Section I: Private Medical Insurance

P11d Value of Private Medical Insurance

The P11d medical insurance value to enter on the form is the amount of premium paid during the tax year for the employee. 

If the employee made any contribution towards the healthcare policy, then this amount can be deducted to reach the taxable amount.

Who Pays Tax on Section I Private Medical Insurance

Tax on private medical and dental insurance in Section I is paid by the employee and Class 1a National Insurance is payable by the employer.

Anita Forrest
About Anita Forrest

Anita Forrest is a Chartered Accountant turned entrepreneur who helps the self-employed gain financial confidence when it comes to running the numbers side of their business and filing tax returns with guides, templates and resources on the Go Self-Employed website.