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What are the taxation rules governing Flexsave™ ?

flexsave™ rules Taxation
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What are the taxation rules governing Flexsave™ ?

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Flexsave™ qualifies as a “cost-plus” or “trust account” Private Health Services Plan. The premiums paid to a PHSP by an employer are business expenses deductible against business income. The amounts are non-taxable benefits to the employees. This obligation can be implied by enrolling in the Flexsave™ program.

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