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Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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CRA Looking at Undeclared Income from Tips

February 22, 2018 by admin

There have been a couple of stories recently about Canada Revenue Agency taking a closer look at the hospitality industry – specifically undeclared income from tips.

With more people paying, an tipping, electronically, it’s easier to track the level of tipping being paid vs. what’s being declared.

See these stories:

Headline: CRA cracks down on undeclared tips for restaurant and bar staff.

Via: Globe and MAil

Headline: Audits of food servers will continue “until an improvement in compliance is noticed.”

Via: Huffington Post Canada

 

 

Articles,  Blog,  CRA

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