- About Us
- Automobile Insurance
- Compulsory Third Party Liability (Traffic) Insurance
- Personal Seat Insurance
- Voluntary Motor Third Party Liability Insurance
- Road Carrier's Liability Insurance (Compulsory)
- Compulsory Seat Personal Accident Insurance for Road Passenger Transportation
- Compulsory Liability Insurance for Professionals Working with Motor Vehicles
- Legal Protection Insurance
- Green Card Insurance
- Traffic Plus Insurance
- Miscallenous Accidents
- Contact Us
Tax Discounts for Health Insurance
This is the deduction of the amount of health insurance premiums paid from the taxable income calculated for income tax purposes.
According to the 63/3 and 89/1 clauses of Law No. 193 (Income Tax Law), salaried workers and firms that declare income annually can deduct the health insurance premiums they pay from their taxable income.
These premium payments must be maid during period when the income is earned or before the end of the period to take advantage of this discont.
Salaried workers who pay their own, their wive's and their children's health insurance premiums can deduct them from their taxable income only if the deduction is not greater than 5% of their salaries or a year of minumum wages.
Those that make annual tax declerations and pay their own, their wive's and their children's health insurance policy premiums can deduct them from their taxable income only if the deduction is not greater than 5% of their salaries or a year of minumum wages.