Canadian Group Benefits Software | MyBenetech

The Manitoba Government recently announced changes to the 2012 Budget which will impact insurance contracts.  Effective July 15th 2012, Retail Sales Tax (RST) will apply to certain insurance contracts at the rate of 7%.  Group Insurance contracts including the following benefits will be affected, according to the Manitoba Government Taxation division bulletin found at http://www.gov.mb.ca/finance/taxation/bulletins/061.pdf […]

In the Federal Budget released on March 29, 2012, the Government of Canada made some changes regarding taxation for Group Accident and Sickness plans that could have consequences for plan sponsors. Although the implications are still being reviewed, it is important to note that the federal budget is not necessarily a clear document of proposed […]