A Health Spending Account (HSA) is a special account for your business to pay for healthcare expenses. Consider a health spending account as a piggy bank for your drug, dental and extended health needs. Money deposited by your business can be used to cover all CRA approved eligible personal medical expenses.
The benefit is 100% tax free to you and 100% tax deductible for your corporation.
Contact us today for additional information and how an HSA can benefit you and your company.