April 26th, 2024
Plan Ahead to Overcome Increased Capital Gains Inclusion Rate
(authored by RSM CANADA) Exploring tax planning strategies in the face of the proposed increase to the capital gains inclusion rate.
Posted on June 9th, 2023 in Domestic Tax
A January 11, 2023, BC Civil Resolution Tribunal case addressed a claim for wrongful dismissal. The employer filed a counterclaim in respect of a 50-hour discrepancy between the employee’s timesheets and tracking software data over a period of about a month during which the employee was working remotely.
The employee argued that significant hours were spent working from hard copies; however, this was rebutted by records of printer usage and a lack of evidence of such work being uploaded to the employer’s electronic system. The Tribunal accepted the software evidence of time theft, and indicated that this was a “very serious form of misconduct” which justified the employee’s dismissal. The Tribunal further awarded the employer damages of over $2,600, plus interest, for the unaccounted-for time and an unrepaid advance.
ACTION: As employment work models shift, new employment-related challenges may arise.
Article originally published in: Tax Tips & Traps 2023 Second Quarter – Issue 142.
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