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Taxable Benefits – T4

Posted by Gordon R. Hart

Dec 19th, 2019

Taxable Benefits – T4

As we enter the year end, it is important to remember that employer paid premiums for Life, AD&D, Dependent Life, Critical Illness and Long-Term Disability* premiums must be shown as a taxable benefit. In Quebec, all premiums paid by the employer must be recorded as a taxable benefit. You can learn more about the taxable benefits on CRA’s site .

Selectpath has uniquely positioned itself to be a valuable resource for clients to provide a competitive advantage in areas such as employee education and engagement, plan sustainability, administrative processes and program flexibility.


* where the benefit is to be paid out tax free to the member and assuming the taxable benefit is accrued each pay period.

Taxable Benefits – T4

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