Vitality Aug 2023.pdf

Vitality Q&A - August 2023

Benefits include:

What does it cost you as an individual?

Health Insurance is classed as a Benefit in Kind which means that you will pay tax on this benefit should you choose to sign up, and this will be deducted from your monthly salary in the same way as your income tax and national insurance.

The amount of tax you pay is dependent on two things:

  1. The amount Automata pays for you is part of our company policy.
  2. The rate of tax you pay on your main salary.

For example; If Automata pays ยฃ30 per month for your plan and you are on a 20% salary tax bracket, ยฃ5 per month will be deducted from your salary in taxes.

What does it cost to add your family members?

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ You have the option to add any family members/dependents to your plan.