Dental costs

[Laura Ly]

Dear all

I am the owner of incorporated business and pay myself £470/month.
I have got few bills from my dentist that I would like to put through a company. I have got private health insurance already being covered from business but the payments are small and I don't report it to HMRC. This insurance does not cover dental care.
Is there a way I could do with minimal tax implications?

[mullet]

1. You need to report the benefit of health insurance to HMRC on a P11D, regardless of whether or not you consider it "small". The company will also pay Class 1A NICs.

2. You can put the dental costs through the company, but again the benefit will have to go on your P11D. The NICs treatment is slightly different; this is your "pecuniary liability", so the amount paid has to be included in gross pay for Class 1 NICs and both employer and employee NICs paid.

[Laura Ly]

thank you!
so if the insurance is my partners name who is not shareholder or director, only employee, and he earns only £470/month, HMRC says:

You arrange and pay the provider directly for treatment or insurance
Definitions or restrictions
You arrange a contract with the provider and pay the costs.

What to report, what to pay
For employees earning less than a rate of £8,500 per year, you have:

no reporting requirements
no tax or NICs to pay
Unless one of the exceptions listed below applies, then for company directors or employees earning at a rate of £8,500 or more per year:

report on form P11D - section I
pay Class 1A NICs on the value of the benefit