Your business insurance, always deductible
The most common types of business insurance are professional liability insurance ( ), guaranteed income insurance (in the event of inability to work) and legal protection insurance (🪂). Insurance premiums paid are 100% deductible, and no VAT applies.
Health insurance, meanwhile, is non-deductible, but can be paid for by your company.
💡 A patient could fall on a patch of ice in your driveway. Be sure to check with your broker that your liability insurance covers the use of facilities and premises.