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Peter Kupovics, CPA, CMA, MBA

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      • Our Approach
      • Our Guarantees & Offers
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      • Our Strengths
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      • Back
      • All Services
      • Accounting, HST, and WSIB
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Whats new for this tax-filing season – Emergency services volunteers

By Liz O'Dowd on January 5, 2015 Comment BubbleLeave a comment

Canadian moneyIn 2013, you may have received a payment from a government, a municipality, or another public authority for your work as a volunteer ambulance technician, a firefighter, or a search, rescue, or another type of emergency worker.

If so, the T4 slips issued by such an authority will generally show only the taxable part of the payment, which is the part that is more than $1,000. However, if that authority employed you (other than as a volunteer) for the same or similar duties, the whole payment will be taxable.

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