by Robert J. Crowder CLU, GBA | May 25, 2017 | Benefits Costs, Benefits Taxation, Employee Benefits
Here’s a hard truth – your clients don’t owe you anything. The small group benefits industry is largely commodity-driven. Successful business owners (your clients) are concerned with getting value from their benefits plan so they can go back to focusing on their...
by Karen Taylor Smith | Jul 18, 2014 | Benefits Costs, Benefits Taxation, Employee Benefits
Which taxes apply to ASO group benefits plans in Ontario? Premium Tax = 2.0% Provincial Insurance Tax = 8.0% HST = 13.0% Premium Tax on ASO Benefits Plans Premium tax is determined for each employee based on that employee’s province of residence. Premium tax on...
