Category Archives: Employee Benefits

Are employer paid MSP premiums a cash taxable benefit?

I’ve written about this previously, and that article sparked a few comments and some questions. It seems not everyone agrees with my understanding that employer paid MSP premiums are a cash taxable benefit, subject to EI premiums. The distinction between … Continue reading

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“Use it or lose it” Vacation Policies

Test your payroll knowledge: Under her collective agreement, Rose earns the right to 5 weeks of vacation for each completed year of employment. Rose has never taken all the vacation time she’s entitled to and now the time owing is … Continue reading

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Employer paid BC MSP premiums – cash or non-cash taxable benefit?

British Columbia is the only province in Canada where monthly premiums are used to support the public health care system. In other provinces, either the income tax system and/or an employer payroll tax is used for this purpose. While premiums … Continue reading

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What’s the correct tax treatment for individual WLRPs?

First of all, what do we mean by the term wage loss replacement plan (WLRP)? These are plans which provide employees with income when they can’t work due to illness or injury. For payroll or HR purposes, these plans are … Continue reading

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Emergency travel benefits – Do they belong as part of extended health?

Extended health coverage is a benefit offered by many employers, usually under a group insurance contract with one of the major insurance companies, such as Sun Life, Manulife and The Co-operators, etc. Emergency travel benefits are a standard part of … Continue reading

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