Circular 3/2024 – Tax treatment of premiums and medical plans

Written by Stelios Spiliotis
Tax
7 June, 2024

On May 30, 2024, the Tax Department issued Circular 3/2024, which addresses the tax treatment of premiums and medical plans. This circular provides clarifications on the tax treatment of premiums paid by individuals for their own medical coverage and by employers for the medical coverage of their employees. The tax circular includes examples to help clarify the changes and can be accessed through the following link.

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