Administrative Policy Changes for Taxable Employment Benefits to reduce a number of administrative difficulties and increase fairness include:
- Overtime Meals and Allowances Provided to Employees
- Municipality or Metropolitan Area
- Loyalty Programs
- Employer Provided Motor Vehicles Required to be Taken Home at Night
- Non-cash Gifts and Non-cash Awards
- Surface Transit Passes Provided to Family Members of Transit Employees
Read the full article on the CRA web site.
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Thanks for sharing the blog on CRA policy shift on employee benefit. The web link provided in the blog has in detail information about the changes made by CRA in employee benefit. It makes aware of various employee benefits to the employers and employees in Canada.
Canadian government has made changes in the policy bringing more employee benefit. For example overtime meal is given non-taxable status. Use of Motor vehicle provided by an employer is not considered personal if an employee directly proceed from home to point of call. Many more things have been introduced under employee benefit category. The linked page has provided all the informations regarding the changes made by Canadian Government.