BUSI 2400 Lecture 3: 3-24
24 Jan 2016
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Solution 24: calculate employment income comprehensive benefits, auto. Group term life insurance premiums paid by employer B. c. provincial health care premiums paid by employer. Monthly allowance to cover travel and automobile expenses(1) Travel expenses to bermuda for ned"s wife(2) Outside financial counselling fees paid by employer(3) Registered pension plan contributions made by ned $ Premiums paid by an employee can be used to reduce the income inclusion required [par. 6(1)(f)]. (iv) dental plan premiums are private health plan premiums and are exempted under the ita [par. 6(1)(a)]. (v) group income protection premiums paid by the employer are exempted under the ita [par. [administrative position]. (viii) the portion of the financial counselling fees that relates to retirement planning is not taxable. 6(1)(a)(iv)]. (ix) no benefit is taxable related to the use of the private swimming pool as recreational facilities provided by the employer are not normally a taxable benefit [it-470r, par.
