Blog

Tax-Efficient Employee Compensation – How DPSP’s help Your Small Business

Incentive compensation has long been used to recruit and retain talent while staying competitive in the market place. There are several different options available, it is important to consider which option will help achieve your business goals. For this article we want to focus on tax-efficient employee compensation – how DPSP’s help your small business.…
Read more

Western Canadian Group Benefits Plans – Changes in 2018

Happy New Year from all of us at DENT Benefits! As we are rapidly approaching 2018, now is a great time to explore new changes expected for western Canadian group benefits plans. Throughout the New Year there are a number of expected changes, we have highlighted some of the major ones for you below: Alberta…
Read more

Advantages of Group RRSPs for your Business

There are many advantages of group RRSPs for your business. As a follow up to our recent article on Deferred Profit Sharing Plans (DPSPs), we want to discuss the power of group retirement plans to give you the competitive edge in the job market. Whereas DPSPs only allow contributions from the employer, group RRSPs allow…
Read more

Benefits of a Deferred Profit Sharing Plan in BC

Many companies like to reward some or all employees at the end of the year in the form of a bonus. However these bonuses incur taxes for both the employee and employer, there are other options available that make more financial sense. Specifically a Deferred Profit Sharing Plan in BC is an excellent tool for…
Read more

Employee Medical Expenses that are Claimable on Their Income Tax Returns

A lot of employees don’t realize that there are many medical expenses that are claimable on their income tax returns. This is often overlooked and is an excellent money-saving tool that should be part of the overall employee education about benefits and medical expenses. Of course the expenses covered under your existing group benefit plan…
Read more

Attract Millennials with a Wellness Spending Account in BC

Millennials are already driving consumer trends, you have likely seen ads targeting this demographic in all types of media. In addition, Millennials are also changing the way business’s offer benefits and the types of benefits offered. While the baby boomers are still a major demographic, savvy business owners are seeing how important the millennial generation…
Read more

How can Your Business be Competitive in BC’s Job Market?

How can your business be competitive in BC’s job market? It is probably a question you have asked yourself while reading about the newest tech start up that features a plethora of incentives to entice young Millennials. You have likely heard about the nap rooms, fully stocked bars, basketball courts, endless vacations, etc. But realistically,…
Read more

Travel Insurance for Canadians

As we are entering the busiest travel season of the year, now is a good time to discuss the benefits of travel insurance for Canadians. Whether you are a snow-bird heading down to Arizona or Florida until spring, or just plan on visiting friends and family over the holidays, travel insurance is a simple and…
Read more

BC Group Benefit Plans Frequently Asked Questions

There are a number of BC group benefit plans frequently asked questions that we come across all the time. Here is a quick reference for you if you have questions about group benefits or employee health insurance in general. How are costs shared between the employer and employees? You as the employer decide how the…
Read more