Are honorariums taxable?
Bookkeeping work that was previously unpaid volunteer work is now receiving a monthly honorarium.
This is for a soccer assoc. so I guess they aren't registered for payroll and do it as an honorarium.
What are the tax implications for the receiver of this honorarium? Is he supposed to claim the honorarium on his personal income tax (even though he has no tax slip). If he does I imagine he would have to pay CPP and EI on the honorarium?
Comments for Honorarium
|
||
|
||
|
||
Use the search feature to quickly find the
information you're looking for.
Click on image above to read the chat.
Join Me On Facebook
Help support this site by "liking" me! Here's where I post current information.
Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.