CRA Policies on Providing Gift Cards to Employees

A small wood piece that says FAQ between two puzzle pieces

If you’ve decided to express gratitude to your team by giving them gift cards, a popular and seemingly simple option, you should be aware of the tax guidelines from the Canada Revenue Agency (CRA) which took effect on January 1, 2022. CRA Policy Changes Regarding Gifts Cards Gift cards were previously considered near-cash benefits, making […]