Medical Insurance / Income Protection via a LTD company Medical Insurance / Income Protection via a LTD company
Posts 1 to 2 of 2
  1. #1

    Nervous Newbie

    Avalanche20 has no reputation


    Join Date
    Jun 2020
    Posts
    2

    Default 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?

  2. #2

    Double Godlike!

    malvolio - scorchio!

    malvolio's Avatar
    Join Date
    Jul 2005
    Location
    Walking in the garden, dreaming of Olivia...
    Posts
    12,003

    Default

    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.
    Blog? What blog...?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •