Taxable Benefits & Allowances

Start Date:
May 14, 2020
End Date:
May 14, 2020
Location:
St. John's, NL
Cost:
$449

One of the most common audit issues is excluding taxable benefits and allowances from employment income. Employers are responsible for: determining whether the benefits they offer are taxable to their employees, adding the value of those benefits to reportable income; and, withholding, remitting and reporting the required statutory deductions to Canada Revenue Agency (CRA) and Revenu Québec (RQ). This seminar offers an in-depth review of applicable legislation and regulations and explains the key concepts used by CRA and RQ to evaluate taxability and assess more than 40 common benefits, including automobile allowances, loan and stock options, gift cards and more. Who should attend: All payroll/human resources professionals or anyone responsible for calculating taxable benefits and allowances for employees within their organization. Register early and save - Early bird rates apply until two weeks prior to the seminar. For certified members, this seminar counts toward 7.5 hours of continuing professional education.