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Important Personal Tax Upload Announcement
Preparation of 2024 personal taxes will not begin until March 14, 2025, at the earliest. Should you have capital gains or losses, this will be April 4, 2025.  We encourage you to hold off uploading your documents until you are sure you have received all of your tax documents and do not upload prior to either of these two dates.

Help Centre: Business Taxes

Taxes on Gifts & Awards

Back to Business Taxes

Employers can give their employees one non-cash gift per year on a tax-free basis to a maximum of $500 for special occasions. Once every 5 years a second Non-cash gift to honour employees' length of service or to recognize other achievements. Gifts certificates are not allowed. If employees go shopping, pick what they want and you reimburse them - this also would not be allowed; however, if the employer buys the employees something they don't want that would be allowed.

Is your question not solved?

Please get in touch, and we'll be glad to help you out.

Please give us our office a call at (905) 277-9499.