NOTE: Course login details are normally sent to registrants within one week from date of registration.
Recorded: October 2021
Because the video recordings are taken from live seminars, the information presented is up-to-date at the time of recording. While we make an effort to keep our inventory updated and seasonally remove outdated titles, changes in accounting, tax and other acts and legislations can happen at any time. It is up to the purchaser to take note of the recording date, and to determine for themselves whether the recorded video is still relevant to their needs.
In today’s knowledge-based economy, human capital and human resources represent increasingly valuable assets to all sizes and forms of business. The process of attracting and retaining skilled employees constitutes a critical success factor for most businesses, motivating employers to provide formal and informal benefits as part of their compensation package. The morale boost of employee benefits can quickly deteriorate when employees receive an unexpected tax bill from Canada Revenue Agency (CRA).
This half-day seminar provides a review of the income tax implications for benefits, including cases of owner-managers and arm’s length employees. You will enhance your understanding of income tax issues that arise from various types of benefits by assessing the tax-effectiveness of various benefit plans and employment benefit choices as well as ensuring compliance with the tax rules. You will also increase your ability to advise on tax-effective employee remuneration strategies using benefit plans.
By the end of this seminar, you will learn how to:
This seminar covers several topics, including:
Prior to enrolling in this seminar, participants should possess a basic understanding of personal and corporate taxation.
WHO WILL BENEFIT
This seminar will benefit employers and advisors who want to understand the taxation of employee benefits, including both the general principals of taxation in this area and specific benefits that have unusual income tax complexities.