Air Canada HR revises previous T4's so pilots owe more taxes
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Air Canada HR revises previous T4's so pilots owe more taxes
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.
Have a great 2025 guys.
Re: Air Canada HR revises previous T4's so pilots owe more taxes
Company paid parking?
Re: Air Canada HR revises previous T4's so pilots owe more taxes
It's for all the shine points they doled out in 2022. All departments got them.
Re: Air Canada HR revises previous T4's so pilots owe more taxes
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.
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.
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Re: Air Canada HR revises previous T4's so pilots owe more taxes
Who cares?
Re: Air Canada HR revises previous T4's so pilots owe more taxes
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.
Re: Air Canada HR revises previous T4's so pilots owe more taxes
They covered the taxes on the mid December cheque.
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Re: Air Canada HR revises previous T4's so pilots owe more taxes
[YouTube]https://www.youtube.com/watch?v=PJzNUyd ... chip1992us[/YouTube]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.