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-   -   Canadians: Are you getting your tax-free gift this year? (https://gfy.com/showthread.php?t=675572)

ravo 11-09-2006 05:33 PM

Canadians: Are you getting your tax-free gift this year?
 
See http://www.cra-arc.gc.ca/newsroom/fa...c/gifts-e.html

Employers can give each employee up to $500/year in a non-cash gift. The gift is not taxed in the hands of the employee, and can be written off by the employer. Pretty cool!

My wife and I have been taking advantage of this for the past few years, and I thought I should share!


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