For Business Owners: Private Health Services Plan (PHSP)

  Canada Revenue Agency (CRA) federal legislation allows business owners whether Sole Proprietorship, Partnership or Corporation to fully tax-deduct healthcare, dental and vision expenses by using a Private Health Services Plan (PHSP). Distinct Features of a Private Health Services Plan (PHSP) Non-taxable benefit to owners, active shareholders, employees and dependents No monthly premiums, co-insurance, health