If you are like 80% of the enterprises, you are probably not taking advantage of the complex tax optimizing Group Insurance rules and get some 10K$ in FREE money.
This presentation is designed to first identify if you could qualify for this $10K as well as any of the other 4 bene-FIX GREAT saving opportunities.
For sake of presentation we use a real typical Quebec enterprise with some 20 employees and compare the most common Employer/Employee contribution of 50/50. The plan includes long term taxable disability insurance coverage.
With an annual premium of 62K$, a none optimized deduction creates a taxable income of 22K on the provincial level and 6K$ on the federal. Using a sophisticated bene-FIX tool we estimate the income taxes to be almost 5K$ + 1300$.
Because the employees have taxable income, the employer needs to pay an extra 850$ to cover the additional social cost.
Now, let’s redo those calculation using the bene-FIX Optimizing tools. With the same premium of 62K$ the taxable income drops to less than 14K on the provincial part and become insignificant for the federal. The direct impact is a significant reduction in INCOME TAXES being paid by the employee that now total some 1,300$.
Having reduced the taxable employee’s income, we also reduce the social cost for the employer to 500$.
The net result is staggering:
The employer gets 350$ while each employee gets an average of 500$ in FREE money.
Because of bene-FIX expertise and efficient technology, we can calculate the tax-deductible expenses that could deliver an extra 6K$ in tax savings.
While these number could vary based on your specific situation, we are please to remind you that If you qualify, this is FREE money can be yours for a single loonie and naming bene-FIX your preferred provider. While the bene-FIX superior technology delivers the optimized and risk-free automation the bene-FIX professionals provide the technology, the insurance expertise as well as the support to guarantee you the maximum TAX saving and FREE money while making your life easier.
This $10,000 FREE money offering is just ONE of the 5 SAVING opportunities that bene-FIX offers enterprises. The www.bene-FIX.com/employer web page presents 10 solid reasons to buy the bene-FIX services for a single dollar. Each are addressing the SAVING, SIMPLICITY and INSTANT GRATIFICATION.
While these number could vary based on your specific situation, we are please to remind you that If you qualify, this is FREE money can be yours for a single loonie and naming bene-FIX your preferred provider.
Your unique situation could come with different numbers, but this example is taken from a real case scenario.
Give us a call and we show you if and how much your company could get in FREE money.
Thank you
If you qualify, this is FREE money can be yours for a single loonie.
I am ready for SIMPLICITY, SAVING and INSTANT GRATIFICATION!
Call us Now to get your FREE MONEY : 1 833 BENE-FIX #2 | 1 833 236-3349 #2 | sales@bene-fix.ca