UPDATED: Covid-19 Federal Government Assistance for Employers and Employees
UPDATED!!!! April 9th, 2020 If your business needs financial support: Canada Emergency Wage Subsidy: Designed to keep (or recall) employees on payroll, this program will subsidize a portion of your payroll cost. For employers that have suffered a 15% reduction in revenue due to Covid-19 in March 2020 and/or a 30% reduction in revenue for […]
What Is A Health Spending Account (HSA)?
The Best Health Benefits Plan You’ve Only Just Heard Of A Health Spending Account (HSA) with HealthPlus is a great new alternative to traditional employee health insurance. HSA’s allow companies of all sizes the ability to cover themselves, their employees and dependents for the expenses they need rather than incurring monthly premiums. HSA’s are fully […]
What types of health and dental expenses are covered under HealthPlus
HealthPlus is a Private Health Services Plan. Used by thousands of small business owners across Canada, a PHSP enables the business to deduct 100% of the family’s health and dental expenses incurred by themselves and their employees as a business expense.
Gluten-free products is an eligible HealthPlus expense!
If you or your eligible dependent(s) suffer from celiac disease (gluten intolerance) you are entitled to claim the incremental cost associated with the gluten-free purchases as an eligible HealthPlus medical expense.
Federal Government considering taxing your health and dental benefits
This means hundreds or thousands of dollars will be added to the tax bill of all Canadians covered by their employer’s benefit plan. This added tax cost will inevitably lead to less Canadians having the coverage they need.