Overview
In the United Kingdom, benefits paid by your employer on your behalf, such as private medical insurance are classified as benefits-in-kind. These benefits are taxable in line with HMRC rules.
Medical – Bupa Healthcare
Fisher Investments Europe pays the annual membership premium on your behalf. As set out below, this cost is determined by selected membership category and age.
|
Membership Category (under 65) |
Annual Cost (paid by Fisher) |
|---|---|
|
Single |
£1,583.15 |
|
Couple |
£3,166.31 |
|
Family |
£3,957.88 |
|
Single parent family |
£2,374.72 |
|
Membership Category (age 65+) |
Annual Cost (paid by Fisher) |
|---|---|
|
Single |
£3,799.57 |
|
Couple |
£7,599.13 |
|
Family |
£7,599.13 |
|
Single parent family |
£7,599.13 |
Dental – Unum
Fisher Investments Europe pays the annual membership premium on your behalf. The cost depends on our selected membership category.
Unum Radiant Extra 4
|
Membership Category |
Annual Cost (paid by Fisher) |
|---|---|
|
Single |
£296.64 |
|
Couple |
£593.28 |
|
Family |
£889.92 |
|
Single Parent |
£593.28 |
Unum Clear Extra 2
|
Membership Category |
Annual Cost (paid by Fisher) |
|---|---|
|
Single |
£178.08 |
|
Couple |
£356.16 |
|
Family |
£534.24 |
|
Single Parent |
£356.16 |
Travel Insurance – Crispin Speers
You are responsible for paying the annual membership cost for yourself and your dependants each plan year from 1 April to 31 March.
|
Membership Category |
Annual Cost |
|---|---|
|
Single |
£70.84 |
|
Couple |
£99.13 |
|
Family |
£116.35 |
|
Single Parent |
£99.13 |
Health Assessments – Bupa
Fisher Investments Europe covers the annual assessment cost for you and your qualified dependants.
- There are no tax implications for your personal health assessment.
- HMRC requires us to report any assessments attended by your qualified dependants as a benefit-in-kind. You will be responsible for paying tax on the cost of these assessments.
- Fisher will fund one assessment per plan year 1 April to 31 March, for you and your qualified dependants.
|
Assessment |
Annual Cost (paid by Fisher) |
|---|---|
|
Be.Ready |
£455 |
|
Be.Reassured |
£574 |
|
Be.Ahead |
£766 |
|
Be.Reassured + Mammogram |
£726 |
|
Be.Ahead + Mammogram |
£918 |
|
Mammogram |
£152 |
Gym Subsidy
Fisher Investments Europe contributes up to £50 per month towards your gym membership. This contribution is treated as a benefit-in-kind and you will pay tax on the value of the subsidy.
More Information
Everyone’s tax situation is different. For further information about benefits-in-kind or the tax treatment of employee benefits, please contact HMRC or visit www.gov.uk.