Amit Puri Employee Tax-Free Benefits

A common unknown truth is that any additional benefits you receive from your employer are taxable.

- Contributions to a registered pension plan or deferred profit-sharing plan

- Private health-care premiums (except in Quebec)

- Supplementary unemployment benefit plan premiums

- Employee discounts

- Subsidized meals, when a reasonable charge is paid

- Uniforms or special clothing

- Club memberships (athletic or social), when the benefit is primarily for your employer

- Tuition, if the course is required by your employer and is primarily for their benefit

- A reasonable per-kilometre car allowance

- Board, lodging and transportation to special work sites or remote work locations

- Transportation passes for rail, bus or airline employees, in certain situations

- Counselling services relating to re-employment or retirement

- Use of the employer’s recreational facilities (if available to all employees)

- Reimbursement for various job-related expenses (e.g., travel, entertainment, moving)

- Death benefit up to $10,000

- Non-cash gifts received by arm’s length employees with an aggregate annual value of under $500

- Personal use of frequent-flyer points when earned on business travel, in most circumstances