Important Tax Information

Important Tax Information

Our website and marketing material are for general information purposes only. The information contained in our material is not to be taken as or relied upon by the reader as accounting, legal, taxation, or actuarial advice. For all matters related to healthcare spending accounts, other spending accounts, insurance products, retirement savings or charitable giving, readers should seek independent professional advice.

Canadian Revenue Agency

The Canadian Revenue Agency provides guidance on a number of issues related to the tax treatment of benefit plans and flexible spending accounts. We encourage you to review the following:

Employers’ Guide – Taxable Benefits and Allowances

Lines 330 and 331 – Eligible medical expenses you can claim on your tax return

Private health services plan premiums