Citizens of the Republic of Armenia, residents of the Republic of Armenia, who submit an annual income declaration, can use the possibility of reimbursement of social expenses both for themselves and for family members (spouse, parents and in terms of social expenses for children).
The SRC informs about this.
"You can benefit from social cost compensation if you purchased a health insurance package from an insurance company operating in Armenia during 2024, or completed a health insurance package at an educational institution operating in Armenia. are you a tuition fee?
In addition, educational expenses can be incurred both for pre-school and elementary, basic, secondary, pre-vocational (vocational), secondary, higher and post-secondary professional educational programs.
How much is the compensation?
The maximum amount of social spending on healthcare is 50,000 AMD per year, and on education, the maximum amount is 100,000 AMD per year.
It is necessary to remember that the maximum amount of social expenses for you and your family members should not exceed AMD 100,000 per year you can no longer benefit from the 50,000 dram compensation of the health insurance package. You can use compensation in both directions at the same time, if their sum does not exceed 100,000 AMD.
How to avail refund
In order to benefit from social cost compensation, you must request a settlement document (invoice) from the service provider, i.e. from the insurance company or educational institution, presenting an identity document. document and public service number.
And in the event that you are the declarant, but you make the social expenditure for your family member, then you must also present the family member's identity document and public service number, as well as being a family member. documents supporting the fact (in the case of a spouse, a marriage certificate, in the case of a parent, the parent's identity document and the declarant's birth certificate, in the case of a child, a birth certificate, in the case of an adopter, in the case of an adopted person, the corresponding document of adoption or adoption document confirming the foundation).
Then, after submitting the annual income statement, you need to submit an application to receive the compensation amount from the joint account through the same system.
And remember, if in 2025 you have to file a return for the 2024 accounting year, and you bought a health insurance package or paid for tuition during 2024, but you don't have settlement document, then in order to substantiate the social expenditure and receive the compensation, you can request a settlement document from the given insurance company or educational institution.
It is important to know about several features of using social cost reimbursement: if the citizen submitting the declaration is a beneficiary of the social package, he cannot personally benefit from the compensation of the social expenditure on health care, instead he can benefit only from the insurance for family members in case of purchasing a package.
If a citizen submitting a declaration takes advantage of the opportunity to return income tax in the form of a mortgage loan or tuition fee or dividend, then the social cost compensation will be made in the event that the amount calculated and/or paid for the reporting year (including: by the tax agent) there is a positive difference between the income tax amounts and the income tax amounts returned to the individual in the cases defined by the Tax Code," the message says.
