She will have to move to another city for this position. The company will pay her an allowance to cover her moving expenses.
Registered pension plan PAYMENTS. i.e. receive payments from the RPP.
Company provides a group health plan administered by Insurance Co. X, including glasses. Employee will pay about $x per month and the company will pay $y per month. The EMPLOYEE’S payment is:
Annual salary, payable by direct deposit on a monthly basis.
Annual dues for a fitness club up to a cost of $x per year, primary for the EMPLOYEE’S benefit:
Company has a defined contribution registered pension plan where the employee and the company each contribute 4% of her salary. The employer (company) contribution is:
Annual dues for a fitness club up to a cost of $x per year, primary for the EMPLOYER’S (company’s) benefit:
Bonus payable based on the year-end results of the company.
Company has a defined contribution registered pension plan where the employee and the company each contribute 4% of her salary. Employee contribution is:
Company provides a group health plan administered by Insurance Co. X, including glasses. Employee will pay about $x per month and the company will pay $y per month. The EMPLOYER’S (company’s) payment is:
Actual moving expenses
1. Taxable = per 5(1) on a cash basis.
2. Not taxable = exclusion per 6(1)(a)(i)
3. Deductible = per 8(1)(m)
4. Taxable = when received
5. Taxable = no exclusion per 6(1)(b)
6. Deductible = per s.62 (against employment income of new location)
7. Taxable = per S2-F3-C2
8. Not taxable = per S2-F3-C2
9. Not deductible = eligible for medical expense credit (s.118.2(2)(q))
