HSA Tax Breakdown

HSA Taxation By Province

Province Taxes on Set-up / Enrolment Fees / Annual Fees Taxes on Membership
(excluding insurance premium portion)
Taxes on Claims / Administration Fee Premium Tax on claims Taxes on Insurance Premium
BRITISH COLUMBIA 5% GST 5% GST 5% GST on Admin. Fee 0% 0%
ALBERTA 5% GST 5% GST 5% GST on Admin. Fee 0% 0%
SASKATCHEWAN 5% GST 5% GST 5% GST on Admin. Fee 0% 0%
MANITOBA 5% GST 5% GST 5% GST on Admin. Fee 0% 0%
ONTARIO 13% HST 13% HST 8% RST on claimed amount

13% HST on Admin. Fee
2% on claimed amount plus admin. fees 8% RST

* HSA Plus and Deluxe plan includes taxes in setup and renewal fees.

Read a further explanation of taxes on insurance premiums in relation to HSAs