March 23, 2017
This new approach can be liberating and the results uplifting for employees. In turn this will have a healthy impact on your workplace which can be dramatic and long lasting.
April 21, 2016
Canada Revenue Agency (CRA) federal legislation allows business owners whether a Sole Proprietorship, Partnership or Corporation to fully tax-deduct dental, healthcare and vision expenses by using a Private Health Services Plan (PHSP).
June 5, 2015
“As a shareholder/employee what happens if I no longer take a salary but receive payment by dividends only, do I still qualify for a PHSP?”
January 27, 2015
Are you a business owner with a costly periodontal surgery approaching?
With a Private Health Services Plan (PHSP) you can fully tax-deduct all dental expenses and fees associated with your periodontics procedure.
June 17, 2014
It would be wonderful if we could peer into a crystal ball and predict what our health, dental or vision expenses will be each year. Unfortunately, that is not a luxury we can count on.
March 6, 2014
The average cost of fertility treatments over a 27-month period can reach $24,000. With a Private Health Services Plan (PHSP) fertility expenses are 100% tax deductible.
January 27, 2014
A PSHP can allow employees to pick and choose the medical services they require while offering the business a certainty as to its costs. They are straightforward and easy to understand for both the employees and the employer.
September 10, 2013
50 per cent of Canadians have not had an eye exam in five years or more. This stat proves that Canadians are increasingly ignoring their eye health, resulting in serious health consequences.
June 20, 2013
Business owners can enroll themselves, active shareholders and executives into a PHSP to top-up medical expenses that are not covered under a group benefits plan already in place.
June 6, 2013
Most business owners are unaware of this plan. Instead of filing for the small 3% medical tax credit on personal taxes, you can now receive a 100% business tax-deduction and it is a non-taxable benefit to you as the owner!
May 28, 2013
Retain...Reward...Reduce Employee Turnover
May 16, 2013
How to submit a Private Health Services Plan (PHSP) claim from June Borle, Trusted Advisor.
April 5, 2013
100% Coverage on Non Mainstream Medical Expenses
March 7, 2013
Business owners can 100% tax-deduct Bone Grafting, Implants, Crowns and all other dental expenses
September 26, 2012
Tax-deduct your children's tuition with special needs with a Private Health Services Plan and Health and Welfare Trust