News

Sunday, June 23, 2019

Be Summer Ready

Welcome to Summer! Love it or hate it, summer is officially upon us. That means there are some extra pieces to keep in mind...

 

Apply sunscreen whenever you’re heading outside, even cloudy days can leave you burnt.

Drink lots of water, staying hydrated is especially important when it’s warm out in summertime.

Take it slow, accept that your golf game may be a little rusty and you might not hit a home run on your first night out with the slow pitch team.

Wear protective eyewear, prevent cataracts AND wrinkles around the eyes.

Stick to your budget. It can be easy to overspend on pools floats and patio lunches and wind up stressed out once fall arrives.

Give your diet a Berry Boost and grab some seasonal fruits and veggies while you can.

Warm up and stretch before hitting the trails for a run.

 

Even following these tips, some accidents are unavoidable and medical bills can add up quick. You can feel at ease making the appointments you need with a Private Health Service Plan in place. Save those receipts and contact us with any eligibility questions.

Wear a lifejacket, a hat, and relax! Enjoy your summer.

Posted by Margaret Koniuck at 12:00 AM 0 Comments

Tuesday, September 03, 2013

Tax Free Benefits

As a small business you are looking to save at every corner but it does not have to come at the cost of your employee benefits.  With Corporate Care you can provide all the medical benefits that much larger companies provide at a fraction of the cost. We do this through the use of a private health service plan. The Corporate Care plan has no sign up fee and no monthly fee and is completely customizable for you and every one of your employees. It is simple and easy to use. You can sign up on our website in under 5 minutes and start saving the same day.  By running your personal health and dental benefits through Corporate Care, a third party administrator, business owners can write off their health and dental expenses through their business. This is a personal tax-free benefit to the owner.  If you extend this out to your employees by way of a health spending account, it’s a wonderful tax-free benefit for your employees, too.

Other tax free benefits that may interest you:

Overtime meal allowances:  Since 2009 Canada Revenue agency no longer considers a meal to be a taxable benefit if an employee is working overtime. To a maximum amount of $17

Non-Cash gifts under $500:  As an employer you are allowed to give non cash gifts worth up to $500 a year without it being considered a taxable benefit.

 

Post-secondary scholarships for your kids:  For all your employees that have kids this is a popular one, as an employer you can provide your employees children with scholarships for post secondary education the scholarship must be declared by the employees children. The scholarship cannot be used for primary or secondary school.

2017 Update:

Rules for gifts and awards

gift has to be for a special occasion such as a religious holiday, a birthday, a wedding, or the birth of a child.

An award has to be for an employment-related accomplishment such as outstanding service, employees' suggestions, or meeting or exceeding safety standards. It is recognition of an employee's overall contribution to the workplace, not recognition of job performance. Generally, a valid, non-taxable award has clearly defined criteria, a nomination and evaluation process, and a limited number of recipients.

Posted by Margaret Koniuck at 3:19 PM 0 Comments

Tuesday, July 02, 2013

Fun in the Sun

With summer finally on the horizon Canadians will be able to enjoy many outdoor activities and hours spent in the sun. It’s also important to remember to take safety precautions that come with spending time in the sun.

When you are outside in the heat one of the most important things to do is stay hydrated. Heat stroke is a very dangerous preventable condition that should be avoided at all cost. Other precautions that should be taken are to wear loose fitting light weight and light color clothing. In addition be wary of medications that affect your ability to stay hydrated and dissipate heat.

If you are spending the day outside it’s important to use proper sun protection or limit your time under direct sun rays. Remember that you can also sunburn on cloudy days too.

 

Even the most prepared and carful person have unexpected unavoidable medical expenses. Whether you need that chiropractor after pulling a back muscle mowing the lawn or wakeboarding or prescription medications to help you conquer a bout of poison ivy, Corporate Care is there to provide you with your own custom Private Health Service Plan.

Posted by Margaret Koniuck at 4:21 PM 0 Comments