Can I claim professional indemnity insurance as a business expense in Ireland?

Yes — professional indemnity (PI) insurance is fully deductible as a business expense in Ireland. Revenue allows all insurance premiums paid wholly for business purposes. This includes: professional indemnity insurance, public liability insurance, employers' liability insurance, business equipment insurance, and cyber insurance. A policy taken out specifically for your business activities is 100% deductible. Mixed personal/business policies (e.g. home contents that also covers business equipment) need to be apportioned. PI insurance is particularly common for consultants, contractors, IT professionals, healthcare workers, architects, and other professional service providers. It is often required by clients as a condition of contract. Claim under 'Insurance' on your Form 11.

  • Professional indemnity insurance: 100% deductible
  • Also includes public liability, employers' liability, cyber insurance, and business equipment
  • Business-specific policies: claim in full
  • Mixed personal/business policies: claim only the business-use proportion
  • Claim under 'Insurance' on Form 11

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