What kind of insurance can you buy for a tax deduction❓

What kind of insurance can you buy for a tax deduction❓

For this article, we would like to present about the knowledge of insurance in any form that can be taxed to be deposited together. If you're ready, let's go see it.

🔸 Get to know the types of insurance

by the type of insurance that can be tax deductible It can be divided into two types as follows:

1. Life insurance It can be divided into general and pension.

- The tax privileges and benefits in the form of general life insurance will be received in a portion of the discount up to 100,000 baht based on the amount actually paid. and when combined with a deposit with life insurance, it must not exceed the amount of 100,000 baht.

- The tax benefits and benefits in the form of life insurance in the form of pension are in the form of protection in the form of guaranteed income after retirement. which will be set to pay insurance premiums continuously and so on Until the start of receiving pension benefits, the maximum tax deduction is 15% of the income, but not more than 200,000 baht, and the maximum reduction is 300,000 baht.

2. Health insurance It can be divided into one's own and one's for parents.

- Health insurance for yourself will be entitled and tax benefits, which will be a reduction of not more than 25,000 baht and from the original only 15,000 baht per year.

- Health insurance for parents will receive tax benefits and benefits, which will be reduced up to 15,000 baht per year, if the health insurance premiums for parents and your relatives are split. that Will be able to deduct the maximum amount based on the amount of money divided average by the number of siblings jointly paid. And in the part of the spouse who does not have income, will receive health insurance premiums for the parents of the father and mother. The spouse can be used to reduce the maximum amount of 15,000 baht per year as well.

How are you? Hope this article will be useful for all readers and see you in the next article.

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