Hello team,
Have you met this sale income with your clients , please share your experience. As I read on this GST article, I am still unsure.
According to the Life and health insurance claims
Under life and health insurance contracts, the settlement of a claim is usually limited to the payment of financial benefits. These payments are financial services and are generally GST/HST-exempt. If my clients paid me by the treatment insurance claim , do I need to pay GST on this serivce income? Thank you for your input