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I pay my admin asst a bonus at Christmas. Can I deduct this?

 
3 Replies

I pay my admin asst a bonus at Christmas. Can I deduct this?

We have a great FAQ that explains what you can deduct as a business owner.  Have you checked this out yet?

 

https://turbotax.intuit.ca/tips/tax-treatment-of-holiday-staff-parties-and-employee-gifts-4275

I pay my admin asst a bonus at Christmas. Can I deduct this?

I'm not a business owner.  I'm a commissioned employee

I pay my admin asst a bonus at Christmas. Can I deduct this?

If you have a T2200 that says you are required to employ a substitute or assistant (as seen in part 9 of the T2200), you can include the bonus in their salary