December 20th, 2024
Prescribed Interest Rates Fall Yet Again in January 2025: Key Tax Considerations
The CRA is decreasing prescribed interest rates in 2025—explore the impacts on taxpayers and discover key strategies to optimize financial planning.
Reimbursements and Allowances for Remote Workers’ Travel Expenses
Posted on September 14th, 2023 in Domestic Tax
Canada Revenue Agency (CRA) considers travel between an employee’s residence and a regular place of employment (RPE) to be personal travel and not part of the employee’s office or employment duties; therefore, any reimbursement or allowance relating to this travel is a taxable benefit
In this article, authored by RSM Canada, they explore in the era of remote work, what is considered to be a RPE.
Article written by RSM Canada and referenced with permission as a member of RSM Canada Alliance.
Related Services
Insights
December 18th, 2024
Fall Economic Statement 2024
On Dec. 16, 2024, Canada released the Fall Economic Statement, which provides an overview of Canada's finances and sets out new tax measures.
December 5th, 2024
Regulation 105: What You Need to Know About Withholding Tax and CRA Audits
November 19th, 2024
U.S. Challenges Canada’s Digital Services Tax Act Under CUSMA
The Federal budget proposed AMT changes impact tax benefits for individuals and trusts.
Have any questions?
Drop us a line, we look forward to hearing from you.