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£500 of tax free medical expenses – what’s the catch?

£500 of tax free medical expenses – what’s the catch?

HMRC have introduced a new tax free employment benefit – employer funded medical treatment up to a cap of £500.

Under the new exemption up to £500 per annum of medical expenses can be paid tax free but only to assist an employee with their return to work after a period of illness.

 Initial details available say that the employee will be required  to have been unfit for work for 28 consecutive days and will require a treatment recommendation from a health professional.

 If the treatment is not arranged before the employee returns to work it must commence within 14 days.

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