Health and Welfare related benefits

Revenue have published a new tax and duty manual (TDM) to set out the tax treatment of a number of health and well-being related benefits including the provision of:

  • a qualifying medical check-up,
  • access to healthcare;
  • COVID-19 testing; and
  • a flu vaccination. 

Previously, Revenue did not seek to apply a charge to tax when the above benefits were provided by an employer. These administrative measures were placed on a statutory footing by the Finance Act 2021 and the manual sets out detailed guidance of all conditions attaching to the exemptions.

The manual also provides further guidance on how to determine the amount liable to PAYE, PRSI and USC where an employer provides a contribution to an in-house medical plan.

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Disclaimer :

Whilst every effort has been made to ensure the accuracy of matters covered by this article, no responsibility for loss or damage occasioned by any person acting, or refraining from acting, as a result of matters above. Professional advice should always be sought before acting on any interpretation of matters covered by this article.

11 August 2022