I pay 135.00 per month for medical health insurance. can i deduct these premiums. its with benefit plan administrators limited halifax i asked a freind and he said i couldnt as its set up as a trust.
1.35 Contributions made by a health and welfare trust to a private health services plan are specifically excluded from employment income by subparagraph 6(1)(a)(i). The benefits received by an employee under a private health services plan are also not taxable. Private health services plan premiums, contributions, or other consideration paid for by the trust cannot be claimed by an employee under paragraph 118.2(2)(q) as eligible medical expenses.
If you are paying these premiums out of your own pocket, you can claim them as a medical expense.
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