They're taxing minimum wage earners for their employee discounts. There is no stoop low enough for the scumbag Liberals. Disgusting.
Employee Discounts Aren
Employee Discounts Aren
They were only taxable if the price of the discount was a loss for the company. Now all discounts will be taxed, so yes it has changed.What's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.
Parking tooWhat's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.
What's odd is that I remember learning some 20 years ago that employee discounts and freebies were a taxable benefit. In other words, nothing has changed.
They're taxing minimum wage earners for their employee discounts. There is no stoop low enough for the scumbag Liberals. Disgusting.
Employee Discounts Aren
Nope they weren't and they are even taxing subsidized meals now.
They are one step away from taxing per diems.
I have never been taxed on employee discounts ever. So please prove what you write is true.
FOR ONCE
I
No kidding. Employers may just scrap employee benefits all together because of the headache this tax will cause.It's going to get complicated! Isn't that the same guy who was going to give the middle classes a break?
You're misinformed anyways.How do I prove that I remember something? Are you really such a stupid moron?
No kidding. Employers may just scrap employee benefits all together because of the headache this tax will cause.
.
As of January, the CRA had this to say:
"
If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.
However, we consider discounts to be taxable in all the following situations:
If you determine the discount is taxable, the taxable benefit is the difference between the fair market value of the goods and the price the employees pay"
- You make a special arrangement with an employee or a group of employees to buy merchandise at a discount.
- You make an arrangement that allows an employee to buy merchandise (other than old or soiled merchandise) for less than your cost.
- You make a reciprocal arrangement with one or more other employers so that employees of one employer can buy merchandise at a discount from another employer.
Like I said, it isn't the same as now the government is looking to tax all employee discounts.As of January, the CRA had this to say:
"
If you sell merchandise to your employee at a discount and you also offer the discount to the general public or to certain groups of the public, the benefit to the employee is not usually considered taxable.
However, we consider discounts to be taxable in all the following situations:
If you determine the discount is taxable, the taxable benefit is the difference between the fair market value of the goods and the price the employees pay"
- You make a special arrangement with an employee or a group of employees to buy merchandise at a discount.
- You make an arrangement that allows an employee to buy merchandise (other than old or soiled merchandise) for less than your cost.
- You make a reciprocal arrangement with one or more other employers so that employees of one employer can buy merchandise at a discount from another employer.
Sorry I posted the same thing above............didn't see this.
The thing is, this actually means that employers that force their employees to share the cost of uniform parts will now have to charge them tax
Nope they weren't and they are even taxing subsidized meals now.
They are one step away from taxing per diems.
I have never been taxed on employee discounts ever. So please prove what you write is true.
FOR ONCE
I have never paid tax on parking spaces when I have worked for major corps either.
Back to reality:
So now what happens to employee discount type sales on autos and trucks when they have these sales?
They weren't taxing that discount before.
Just call it safety equipment then the employer is required to supply for free.
Already been tried. Also years back they tried to tax bunkhouse rooms.