Review Tax-free Gifts, Awards, And Social Events For Employees

The Canada Revenue Agency (CRA) has set administrative policies with respect to employer-provided gifts and awards.  Employees can receive two non-cash gifts a year from their employer on a tax-free basis for special occasions, such as Christmas, Hanukkah, a birthday or a similar event. Similarly, they can receive two non-cash awards a year, on a tax-free basis, in recognition of employment achievements such as reaching a set number of years of service or similar milestones.
To learn more about CRA’s policies on employee gifts, see BDO Dunwoody’s article at:
http://www.bizactions.com/index.cfm/ba/e105/fa/72351509G627J357168P0P10062815T0/