There is no doubt that quality orthodontic treatment will provide you with lifelong benefits and value for your investment. It is, however, a significant investment in the short term. What some of our patients don’t realise initially is that there is tax relief available on orthodontic treatment, where they can claim 20% back in the same way that you would claim for medical expenses.
Here is what you need to know about claiming tax relief for orthodontic expenses:
· Any extractions, even though they might be required as part of your orthodontic treatment, do not qualify as eligible expenses and can’t be included in your claim for tax relief.
(source: Revenue.ie http://www.revenue.ie/en/tax/it/leaflets/it6.html).
We like to make sure all of our patients are aware of the possibility of claiming tax relief for their orthodontic treatment and are delighted to help them in doing so. For a treatment costing €4,000, you could see a refund of €800 – it is well worth taking the time to make your claim.