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T4 for health benefit premium paid
02-06-2017, 05:03 PM
Post: #1
T4 for health benefit premium paid
One of the owners of the company receives health care coverage and the company pays the premium. This owner receives no wage or salary, had no income last year. How do I, or do i even need to, issue a T4 for 2016?

I have been accounting for the premium by crediting the healthcare liabilitiy and debiting the healthcare expense accounts, but I don't know how I should be attributing this expense to the individual who is receiving the benefit.
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T4 for health benefit premium paid - nco31 - 02-06-2017 05:03 PM

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