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Reply to: Medical Insurance / Income Protection via a LTD company

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Previously on "Medical Insurance / Income Protection via a LTD company"

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  • malvolio
    replied
    Not totally certain but income protection possibly not - it is a personal benefit after all - but illness cover is. You really should be looking at key man insurance anyway.

    However there are potential pitfalls to both around taxation. Get some informed advice first.

    Leave a comment:

  • Avalanche20
    started a topic Medical Insurance / Income Protection via a LTD company

    Medical Insurance / Income Protection via a LTD company

    I am looking at taking both out, any advice welcome.

    It would be around £100/month to take both policies

    Income Protection upto £2,500/month
    Medical would be full cover excluding any existing conditions.

    Are they legitimate business expenses?
    Tags: None

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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
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