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.
A â A HSA is tax-advantaged savings account that can be used to pay for qualified health care. expenses. Eligible expenses include deductibles, copayments, coinsurance, dental expenses, and. vision expenses. Eligible health care expenses are described in Internal Revenue Code Â§ 213(d), and.