Tax relief for sickness insurance
Kelly sought tax deductions for permanent sickness and accident insurance premiums, arguing they resemble Voluntary Health Insurance premiums. Colley said the matter was under examination and acknowledged the analogy.
asked the Minister for Finance if he will consider making premiums on permanent sickness and accident insurance policies tax-deductible.
Comment on this
The question of income tax relief in relation to such policies is being examined and a decision in the matter will be made in due course.
Comment on this
Without attempting to push the Minister any further, will he not accept as a matter of principle that there is a very strong analogy between premiums of the kind I have described and premiums paid to Voluntary Health Insurance?