.png?width=2000&height=1000&name=AREA%20+%20Alberta%20Real%20Estate%20Association%20Horizontal%20Logo%20RGB%20(6).png "Alberta Real Estate Association")
Turn health and dental expenses into tax-free benefit reimbursments to employees that are 100% tax deductible to the business.
All Business Structures Qualify for Health Spending Accounts:
Incorporated Business • Professional Corporations • Sole Proprietorships
Health & Dental
MediDirect HSA:
With an HSA, medical & dental expenses are 100%
tax deductible to the business
- Each business structure has defined rules and regulations set out in the Income Tax Act
- Allow shareholder/owners to receive tax-free money from the business
- Have no monthly premiums or deductibles
Wellness:
Health expenses that do not fit within CRA’s definition of medical and dental expenses can be covered.
- Wellness expenses are taxable benefits
- Employees receive full reimbursement for added health costs
- MediDirect records and provides reporting to business for employee T4 taxable benefits
