Tax Tip – If your employees share the health and dental premium

As employers prepare T4’s, they can make like a bit easier for staff.  By reporting the employees contributions to the health and dental premium in Box 85, you are helping staff make sure they get the medical Expense Tax Credit (METC) where available.

This avoids employees being audited for proof of contributions (and you having to write out letters for them).  You can find more on the CRA site below or ask your accountant.

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