RSM324H1 Chapter Appendix A: Appendix A (Part I & Part II)
Document Summary
Employee benefits to the extent that the benefits are taxable to the employee, gst/hst must be included in the value of the benefits and included as employment income. The relevant provincial rate to be applied is from the province where the employee worked and received the benefit. Zero-rated items are not increased by a gst/hst amount. Zero-rated items include basic groceries, prescription drugs, and certain travel services, to name a few. Also, benefits from items provided by employers that are gst/hst exempt are not subject to the normal rule. Exempt items include health care, educational, and financial services. The rebate is added to the employee"s income as a taxable item in the year the rebate is received normally in the year following the year when the expenses were deducted. 4 years to claim rebate from taxation year when expenses were deducted an employee can claim a rebate on the portion of the cca that is deducted from employment income.
