Revenue eBrief No. 067/23
15 March 2023
Stamp Duty Tax and Duty Manual - Section 125A Health Insurance Levy - updated
Section 125A of the Stamp Duties Consolidation Act (SDCA) 1999 provides for an annual levy on health insurers in respect of health insurance contracts.
Stamp Duty Manual Section 125A - Health Insurance Levy - has been amended in section 2 to include the payment rates for accounting periods commencing on or after 1 April 2023, as provided for by section 7 of the Health Insurance (Amendment) Act 2022.
An amendment has also been made in section 4 of the manual to reflect changes made by section 71 of Finance Act 2022, which amended section 125A to require that returns in respect of accounting periods commencing on or after 1 January 2023 are to be made online.
Information relating to surcharge, interest and penalties has also been included.