Tax Relief For Dentistry
A lot of people are unaware that you are entitled to tax relief of 20% on advanced dental treatments that have been carried out in the last four years. The relief can be claimed regardless of whether its your treatments or someone else’s dental treatment that you have paid for. This is done through the med 2 system, we can talk you through this process when you attend the practice. At Balbriggan Dental Clinic we can give you this form and help you with the relevant sections and provide any receipts needed. You can also download the form at: www.revenue.ie/en/tax/it/forms/med2.pdf
A guide to claiming Health and Medical expenses:http://www.revenue.ie/en/tax/it/leaflets/it6.html
The eligible treatments are :
Crowns. Restorations fabricated outside the mouth and are permanently cemented to existing tooth tissue. Income tax relief is allowable for expenditure on core preparation for crowns and temporary conditioning crown
Veneers/Etched Fillings. These are a type of crowns
Tip Replacings. This is regarded as a crown where a large part of the tooth needs to be be replaced and the replacement is made outside the mouth.
Post and Core Build-ups. These are inserts in the nerve canal of a tooth, to hold a crown. Income tax relief is allowable for post and core build-ups made from materials other than gold.
Inlays. An inlay is a smaller version of a crown. However, tax relief is only allowed if the inlay is fabricated outside the mouth. Income tax relief is allowable for inlays made from materials other than gold.
Endodontics – Root Canal Treatment.
This involves the filling of the nerve canal and not the filling of teeth.
The following treatments qualify for tax relief:
- Root Planting, which is a treatment of periodontal (gum) disease
- Currettage and Debridement, which are part of root planing
- Gum Flaps, which is a gum treatment
- Chrome Cobalt Splints, if used in connection with periodontal treatment
(if the splint contains teeth, relief is not allowable)
• Implants following treatments of periodontal (gum) disease which included bone grafting and bone augmentation.
This involves the provision of braces and similar treatments. Income tax relief is allowable for the cost of temporary implants in circumstances where they form part of the overall orthodontic treatment.
Surgical Extraction of Impacted Wisdom Teeth.Relief is allowable when undertaken in a hospital or by a dentist in a dental surgery.
Bridgework. Dental Treatment consisting of an enamel-retained bridge or a tooth-supported bridge is allowable.
You should make your claim at the end of the tax year, but you can actually claim relief on any eligible expenses dating back four years (including medical expenses, which require the Med 1 form). It is possible to choose whether to claim relief in the year when the expenses were incurred, or in the year that they were paid (if they happen to fall into two different years).You do not need to submit all your dental receipts to the Revenue, but you should hold onto them for a period of 6 years in case you are asked to prove or clarify any expenses. If you’re self-employed you can claim your relief when you file your annual tax return.
If you have any queries you via give use ring on 016903464