This is in regards to canadian tax law 1-company A requires their…

Question Answered step-by-step This is in regards to canadian tax law 1-company A requires their… This is in regards to canadian tax law 1-company A requires their employees to work at home sometimes. Worker B usually works at the end of month at home and the company provides a computer and printer for this purpose. Worker B pays for his supplies and internet access. B’s house is 1500 square feet and the work area is 300 square feet which is also a guest room. utilities for the year are 2400.  Can B’s utilities and office home supplies be deducted under section 8? I think he does not meet the requirements as it is not a designated work space? Or should he be give 300/1500*2400 utilities deduction? 2-are disability insurance premiums deductible under section 8 if they are fully paid by the employee? Are the payments paid by the insurance company taxable income? 3-if a payroll advance is received for 2021 and the amount will be deducted from their paycheck in 2022 is the amount received considered taxable income for 2021 and therefore added under section 6 as salary? 4- can you please clarify taxable benefits and allowances? Specifically what happens when it is a reasonable allowance vs unreasonable. My understanding is that if it is reasonable it is a taxable benefit and no deductions can be made from the expenses. If it is unreasonble then then it is employment income and the expenses can be deducted under section 8.  if that is correct what is the difference with it being treated as income vs taxable benefit? Arent both under division B (Section 5-7)? 5- does utilizing company counselling for employee children count as a taxable benefit? my initial thought is yes since it is not available to all employees? Law Social Science Tax law Share QuestionEmailCopy link Comments (0)