buksoEmployee gifts benefits tax-free 500 health
Not tax advice. General bookkeeping information only, checked against the official sources linked below (Canada Revenue Agency, IRS, provincial governments and Justice Laws) on Oct 17, 2026. Rules change; check with your accountant before you file.
Canada
Non-cash gifts and awards to an employee are tax-free up to $500 a year, plus a separate long-service award up to $500 at least every 5 years. Cash and gift cards usable like cash are always taxable. Employer-paid premiums for a private health services plan (health and dental) are not a taxable benefit to the employee.
Official source: canada.ca