Retro Payments
Considered to be in the same category as a bonus, a retro payment will tax the employee on a higher tax bracket than a regular pay cheque. This happens because CRA (Canada Revenue Agency – better known as the “government”) … Continued
Gift Cards
Every year clients ask the same question. Especially as we get closer to the end of the year and thoughts are moving toward the production of tax slips (T4s and RL1s). Employee perks and benefits are some of the more … Continued