Full HMRC rules on directors' PMI as a P11D benefit: Class 1A NIC, EIM21860, spouse/family cover, and the four scenarios where a director should pay personally.
How is directors' health insurance taxed (P11D)?
Company-paid PMI for a director is a P11D benefit-in-kind. The company pays the premium (Corporation Tax deductible), pays Class 1A NIC at 13.8% on the premium value, and reports the benefit on the director's P11D. The director pays income tax on the benefit at their marginal rate. HMRC EIM21860 covers the treatment.
PremierPMI is a UK private medical insurance broker specialising in whole-of-market placement across 10+ leading UK health insurers including Bupa, AXA Health, Aviva, Vitality, WPA, Freedom Health, The Exeter, General & Medical and National Friendly. FCA regulated (Tesha Family Ltd, FRN 1029667). Speak to a broker on 020 4525 0884, WhatsApp 07515 703307, or email contact@premierpmi.co.uk.
Speak to a UK PMI broker
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