#45 Support Your Health Without Breaking the Bank│Tips for Business Owners episode artwork

EPISODE · Aug 5, 2024 · 8 MIN

#45 Support Your Health Without Breaking the Bank│Tips for Business Owners

from Business Lessons in Denmark · host Cool Accounts ApS

What opportunities do we have as business owners to support our health without breaking the bank? 🤔 Rezsö wants to go to a masseur or chiropractor because the physical demands of his job cause him daily strain, leading to back pain. 🚨 Can he write off these types of health services as expenses? What options do business owners have to support their own health and that of their employees? We will discuss this in our latest episode, join us! 🎧 Key Takeaways from the Episode: 📌 Work-Related Health Services: Under certain conditions, businesses can support their employees’ health by providing services such as massage, acupuncture, chiropractic care, and other similar treatments. 📌 Situation of Sole Proprietors: Unfortunately, sole proprietors cannot deduct the costs of health services as business expenses; these are considered private expenses. 📌 Health Insurance: A beneficial solution for entrepreneurs can be to obtain health insurance, which can partially or fully cover the costs of various health services. 📌 Retirement Savings: Combining retirement savings with health insurance offers entrepreneurs the opportunity to access various health services at favorable terms. 📌 Company form matters: Better possibilities with an ApS. 🦉 Cool Accounts ApS Get the most out of your business! Leave the bookkeeping and tax matters to a specialist! https://accounts.cool/en/

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#45 Support Your Health Without Breaking the Bank│Tips for Business Owners

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