Health Insurance

[cojak]

My accountant has advised me to get health insurance in order to maximise tax allowance but all of the corporate HI I've seen is for companies with 3 or more employees.

Can anyone recommend a scheme for business with 1 person?

(It needs to be in my business' name...)

[Lucifer Box]

Cojak, the only reason to get health insurance (and do you mean medical insurance to pay doctors' bills or the sort that pays you a monthly amount if you cannot work?) is because you need it. Never take out any cover like this purely because it is tax efficient - 7 times out of 10 you will find the tortuous T&Cs nullify your claim in any case.

[ratewhore]

Plus the fact my accountant told me it was best to pay for the premiums personally otherwise any payout is hit for tax!!

[boredsenseless]

Plus the fact my accountant told me it was best to pay for the premiums personally otherwise any payout is hit for tax!!

But your accountant isn't getting a kick back from the provider is he

[BlasterBates]

Another alternative would be to have an unnecessary operation, like a double hand amputation, this way you could claim a disability allowance and offset all those gadgets from the tax bill.

[Mustang]

Just been through this discussion. Have organised a scheme through a very good broker. Basically, the minimum number of people that I could find was for 2 - that was with 2 companies. No-one seemed to do it just for one employee.

If you want more details send me an private message.

[cojak]

Thanks for all replies, chaps.

I'll probably forget about this one...