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Do You Have to Pay Tax on Gift Cards in Canada?

Gift cards stacked to look like a square present with a bow on top

Do you have to pay tax on gift cards in Canada? It depends on who receives the card, what type of card it is and why it was provided. An employee performance reward may be treated differently from a holiday gift, client thank-you or customer giveaway. For employers, understanding Canada Revenue Agency (CRA) rules can […]

Why Prepaid Gift Cards Are a Great Perk for Your Employees

prepaid gift cards as a great perk to provide to employees

As employers, finding the perfect way to reward employees can be challenging. Traditional bonuses or one-size-fits-all gifts such as company hoodies often fail to hit the meaningful mark. This is where prepaid gift cards shine, offering a flexible and thoughtful alternative that employees can truly appreciate.  Prepaid gift cards give employees the power of choice. […]

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