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The Finance Minister, Bill Morneau, has recently released some new (and interesting) tax changes for Canada which appear to take effect immediately. Here is a summary of the changes: For class 43.1 and 43.2 – clean energy equipment, the same rules for class 53 will apply for purchases between November
What is a Private Health Services Plan? In a nutshell, a Private Health Services Plan (or PHSP for short) is an employee benefit plan that allows you as the company/business to write off medical expenses as a business expense. Your business/company reimburses the employee for the medical expense they incurred