Finally: affordable healthcare solutions for unincorporated businesses

For sole proprietors and unincorporated businesses, bizflex takes the form of a Private Health Services Plan (PHSP), sanctioned by the Canada Revenue Agency as a legitimate way to write off health and dental expenses. The PHSP lets small businesses deduct 100% of qualified healthcare expenses from their taxable business income.

So, instead of paying your dentist in after-tax dollars and receiving little or no tax relief, these costs are now 100% tax-deductible to your business. This plan has defined annual limits based on your circumstances:

If you have full-time employees, the rules are more complex. Contact us for more information.