Form P35L Employee Listing - Guidance on reporting Medical Insurance

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15 November 2007

Form P35L is the list on which the employer makes the year-end return of PAYE and PRSI particulars in respect of each employee. Tax relief on medical insurance is normally granted at source on all premiums. Where an employer pays medical insurance as Benefit-in-Kind, the employer pays the lower premium and repays the tax credit to Revenue through the Corporation Tax return/payment. The employee, whose medical insurance has been paid by the employer, must then claim the tax credit individually.

On the 2007 P35L there is an additional field for 'Medical Insurance Paid by Employer'. Employers are required to enter the amount of Medical Insurance contributed for each individual employee. If no contributions have been made for particular employees, this field is left blank. While employees are taxed on Medical Insurance BIK, they are entitled to the corresponding tax credit. From the information received on the P35L, Revenue can apply the credit to the individual where it has not already been claimed.

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Further information:
Revenue eBrief No. 58/2007

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