Air Canada HR revises previous T4's so pilots owe more taxes

Discuss topics relating to Air Canada.

Moderators: North Shore, sky's the limit, sepia, Sulako, lilfssister, I WAS Birddog

Post Reply
Dry Guy
Rank 6
Rank 6
Posts: 459
Joined: Mon Apr 17, 2017 2:44 pm

Air Canada HR revises previous T4's so pilots owe more taxes

Post by Dry Guy »

Pilots are receiving revised T4's going back years stating that they had more taxable benefits and earnings than previously reported.

Have a great 2025 guys.
---------- ADS -----------
 
rudder
Rank 11
Rank 11
Posts: 4120
Joined: Wed Mar 08, 2006 12:10 pm

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by rudder »

Dry Guy wrote: Wed Jan 01, 2025 5:27 pm Pilots are receiving revised T4's going back years stating that they had more taxable benefits and earnings than previously reported.

Have a great 2025 guys.
Company paid parking?
---------- ADS -----------
 
ACYYC
Rank 1
Rank 1
Posts: 23
Joined: Sat Nov 25, 2006 2:00 pm
Location: Calgary

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by ACYYC »

It's for all the shine points they doled out in 2022. All departments got them.
---------- ADS -----------
 
User avatar
Bede
Rank 11
Rank 11
Posts: 4669
Joined: Tue Mar 09, 2004 5:52 am

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by Bede »

If you get a revised T4, you absolutely need to re file.

A few years ago I got a revised T4 because of parking. It wasn’t much, maybe $200, so I didn’t do anything. A couple years later, something else happened and I got a massive fine (like $8k) for being a “repeat non declarer of income”.

Thankfully my fine was cancelled with a bit of a chat with a kind lawyer from the CRA.
---------- ADS -----------
 
PostmasterGeneral
Rank 8
Rank 8
Posts: 929
Joined: Mon Feb 16, 2009 3:50 pm

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by PostmasterGeneral »

Dry Guy wrote: Wed Jan 01, 2025 5:27 pm Pilots are receiving revised T4's going back years stating that they had more taxable benefits and earnings than previously reported.

Have a great 2025 guys.
Who cares?
---------- ADS -----------
 
altiplano
Top Poster
Top Poster
Posts: 5676
Joined: Sat Jan 22, 2005 2:24 pm

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by altiplano »

They had previously said they would cover the taxes on the shine benefits so employees realized their full value. I guess they changed their minds, standby for new manager award of excellence incoming... They should keep their shitty trinket points and pay us.
---------- ADS -----------
 
landshark
Rank 2
Rank 2
Posts: 67
Joined: Sat Oct 20, 2012 11:09 am

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by landshark »

They covered the taxes on the mid December cheque.
---------- ADS -----------
 
piperdriver
Rank 4
Rank 4
Posts: 207
Joined: Sun May 04, 2014 2:30 pm

Re: Air Canada HR revises previous T4's so pilots owe more taxes

Post by piperdriver »

altiplano wrote: Wed Jan 01, 2025 10:28 pm They had previously said they would cover the taxes on the shine benefits so employees realized their full value. I guess they changed their minds, standby for new manager award of excellence incoming... They should keep their shitty trinket points and pay us.
[YouTube]https://www.youtube.com/watch?v=PJzNUyd ... chip1992us[/YouTube]
---------- ADS -----------
 
Post Reply

Return to “Air Canada”