• General information - Source deductions of Québec ...
• Calculation Method
• Taxable benefits
• Vacation pay
• Bonuses and retroactive pay
• Overtime pay
• Tips
• Director's fees
• Commissions
• Single payments
• Retiring allowance
• Death benefit
• Pension payments
• Payments from an RESP
• Payments from an RRSP or a RRIF
• Earnings supplements

Taxable benefits

Taxable benefits in cash or in kind (that is, other than in cash) are considered salary or wages. Therefore, if you grant a taxable benefit to an employee during a pay period, you must add the value of the benefit to the employee's regular remuneration when you calculate the remuneration subject to source deductions of income tax.

In calculating the value of a benefit, you must take into account the GST and QST that the employee would have paid had he or she purchased the property or service concerned. However, do not add GST or QST to taxable allowances or to other taxable benefits in cash.

If you use the mathematical formulas in the Guide for Employers: Source Deductions and Contributions (TP-1015.G-V) to calculate your income tax withholdings, you must include the value of the taxable benefit in variable G.

For further information, refer to the brochure Taxable Benefits (IN-253-V).