Recently, a number of clients have been inquiring about non mainstream medical expenses and what is covered through their Private Health Services Plan.
I believe some of the confusion started when the March 2010 CRA budget was delivered and a few of these expenses where disallowed through personal taxes.
However, this ruling did not affect the Private Health Services Plan (PHSP).
Below is a short list of a few expenses in question that are 100% covered through a Private Health Services Plan (PHSP).
Non Mainstream Medical Expenses
The entire list of qualified expenses is vast. I encourage you revisit the list of qualified expenses so you don’t miss out on the opportunity to reduce your business taxes and receive the money back into your personal pocket non-taxable.
If you have any questions or require assistance with making a claim, please contact me.