Every province except Alberta has implemented either a provincial sales tax or the Harmonized Sales Tax. The federal GST rate is 5 percent, effective January 1, 2008. The territories of Yukon, Northwest Territories, and Nunavut have no territorial sales taxes, so only the GST is collected.
HSA Rules: a number of rules and regulations are set for health savings accounts you should be aware of. A Health Savings Account or HSA is a medical savings account that is personally owned and managed by the individual.
Truly, the tax gods give with one hand and slap you with the other. HSAs are a tax-break treasure â but only for those who can afford to take full advantage of them. The rules for health savings accounts can be stringent. First of all, to even qualify for an HSA, you must purchase a high-deductible health plan.