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PH1 cert - tax relief

  • 28-10-2011 2:56pm
    #1
    Registered Users Posts: 39


    Hi
    I have a personal income protector policy with Irish life. Today I received a Permanent health cert (ph1(86) from them with a letter that states I can send the cert to the Inspector of taxes for tax relief.

    I pay €37.35 per month.

    What kind of tax relief can I expect to get for this?


Comments

  • Closed Accounts Posts: 1,207 ✭✭✭Pablo Sanchez


    You will receive tax credits at your marginal rate of tax, ie if your a lower rate tax payer this will be 20%, higher rate tax payers get 41% of each premium.


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