As a salaried employee with income over £500,000, you may be eligible for medical bill deductions under Section 80D for the Assessment Year 2020-21. You can claim up to £5,000 for medical expenses, provided you haven't already utilised the £25,000 limit under the same section. For further tax-saving advice, feel free to get in touch.
01 August 2020
Sir, Is there any deduction available for medical bills-expenditure for the AY 2020-21 ? I AM A SALARIED EMPLOYEE in a private sector organisation having income more than 5,00,000/- after deducting 80C deduction. Kindly clarify