Treasury,
Tax & Pensions

 

Quick Links: Medical Services Tax (MST)

In order to keep administration to a minimum, the collection of MST is through the same systems as Income Tax

 

Tax Year 2013:

No threshold, applied to the first £1

MST Rates employee 1 %, employer 1.5 %, self-employed 1.5 %

 

Tax Year 2014:

A threshold of £15,000 has been introduced for employess and self employed before the MST rates apply.

(This may be apportioned)

MST Rates: employee 1 %, employer 1.5 %, self-employed 1.5 %

(During the last Budget Process, it was agreed to increase the Medical Services Tax threshold for individuals to £60,000, with effect from the 1st Janaury 2015, but to backdate it to 1st Janaury 2014).

 

Tax Year 2015:

The threshold increased to £60,000 for employees and self employed before the MST rates apply.

(this may be apportioned depending on tax residency)

MST Rates: employee 1 %, employer 1.5 %, self-employed 1.5 %

For further information on MST you can download 2015 MST Guide

 

Paying MST is not an entitlement to healthcare, there are separate rules regarding healthcare entitlements