Health Spending Account CRA | Olympia Benefits Blog (52)

What Bookkeepers Need to Know About Health Spending Accounts

Health Spending Accounts (HSA) are in demand within Canada’s small business community. Viewed as a viable and cost effective alternative to traditional health insurance, HSAs make paying for medical expenses affordable and easy for your small business clients. As a bookkeeper, here's what you...

August 6, 2015

6 easy diet tips to prevent disease

When dietary “trends” come and go like last season’s fashion line-ups, making sense of it all can get a little overwhelming. Here's 6 disease-preventing diet changes.

Self-administered Private Health Services Plan [Top 15 FAQ]

Everyday, I am in contact with Canadian small business owners searching for a cost effective way to pay for their medical expenses. Here's a list of the most frequently asked...

Guidelines for setting up a Private Health Services Plan in Canada

As a small business owner in Canada looking for a cost efficient health and dental insurance plan, a Private Health Services Plan (PHSP) is a viable option. Thousands of self...

5 Key Health Spending Account Tax Implications

Updated: June 28, 2018 A Health Spending Account (HSA) is a cost effective means for a small business owner to pay for personal medical expenses. When using a Health Spending...

Let the sunshine in – but know your limits

We’ve all done it. Whether basking in the rays on a park bench, lounging on the shores of a Caribbean beach, or feeling the sun’s warmth on our bare legs for the first time...

Small business owner medical expense deductions in Canada

There are a multitude of small business owner medical expense deductions available by using a Health Spending Account or Private Health Services Plan. Here's a quick peek at...

Overcoming 6 common barriers to healthy lifestyle change

The barriers to successful change are deep-rooted and difficult to overcome. However, with appropriate knowledge, guidance and support, you can make healthy lifestyle changes...

Health Spending Account for small business in Canada [Key Terms]

A Health Spending Account is used by small business owners in Canada as an alternative to traditional health and dental insurance. Here's they key terms you should be...

10 bedtime tips to get your child to sleep

Sleep is an essential part of daily life for people of all ages. For children, sleep helps them grow, combat illness, and recover from action-filled days of new experiences....

A hidden and key tax deduction for Oil & Gas Contractors in Canada

Thousands of Canadians work in the energy sector as contractors. Contractors usually have more freedom, flexibility, and favorable fiscal conditions than employees. A key...