Health and Dental Spending Account

Health and Dental spending accounts allow you to maximize tax effciency and save costs associated with health expenses incurred by your family or business. This plan enables business owners to have their company reimburse medical and dental expenses incurred by themselves, their family, employees and their employees dependants.  When utilizing  a  Health and Dental Spending Account, the reimbursments made by your company are tax-free.

The health and dental spending account qualifies small business owners to become eligible  for a 100% business expense deduction of their family's and/or employee's medical and dental expenses including:

• All Dental service (including cosmetics)
• Vision care (glasses, contacts, laser eye surgery)
• Prescription drugs
• Chiropractor, Massage therapy, Physiotherapy
• Premiums paid for other health and dental plans
• Anything else medical or dental related as defined by the Income Tax Act.

For additional details contact us