Do you give your employee a benefit, an allowance, or an expense reimbursement?

Author: External Author | | Categories: Accounting Firm , Bookkeeping Firm , Tax Consulting

A benefit is a good or service you give, or arrange for a third party to give, to your employee such as free use of property that you own. A benefit includes an allowance or a reimbursement of an employee’s personal expense.

Original Article Source Credits:   CANADA , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-03-05

Link to Original Article:  https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/benefits-allowances.html

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