It’s one of the best kept tax secrets for small businesses, Health Spending Accounts.

For companies that are looking to provide employees with health and dental benefits, but trying to avoid a costly traditional insurance plan, this could be the solution for you.

This episode explains what a Health Spending Account is, how it is funded, how employees can make claims, if any employee contributions are required, and the tax benefits it provides for both employees and businesses.

Thank you to our guest, Daniel Gillis.

Learn more about Olympia Benefits' Health Spending Accounts: https://www.olympiabenefits.com/employee-benefits

Subscribe to the podcast: https://www.olympiabenefits.com/the-small-business-mastermind

More information about Health Spending Accounts:

1. The Beginner's Guide to a Group Health Spending Account: https://www.olympiabenefits.com/beginners-guide-health-spending-accounts-for-small-business-with-employees

2. How do they work? https://www.olympiabenefits.com/blog/how-does-a-health-spending-account-work-for-small-business-in-canada-hsa

3. Full definition: https://en.wikipedia.org/wiki/Health_Spending_Account

Thank you for listening!

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