PRODUCTS - 4. DENTAL PLANS
Why Pay for Needed Health and Dental Care with After-Tax Dollars?


AccertaChoice Smarter Benefits for Small Business Tax Illustration

Example: An incorporated person with $105,000 a year in taxable income

Without AccertaChoice     With AccertaChoice  
         
Dental Expenses
$2,000
  Dental Expenses
$2,000
Tax Credit
461
  AccertaChoice Fees & Taxes
4382
Net Cash Outflow
$1,954
  Tax Deduction
$2,438
 
__________
   
____________
Savings
$46
  Tax Saving
$1,106
      Net Cash Outflow
$1,332
      Savings
$668
         

Note: This is an illustration only. Please speak to your tax advisor if you have specific questions about how AccertaChoice would save you money.

  1. Calculated based on 2002 Income Tax Guide amount of $1,728 for calculation of medical expense tax credit.
  2. Includes 8% Ontario Provincial Sales Tax. PST does not apply in other provinces except Quebec.
 

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