Home Health and welfare trust

Keyword: Health and welfare trust

2 results found

The federal government has published revised draft legislation for the Income Tax Act that would facilitate the conversion of existing health and welfare trusts into employee life and health trusts by 2022. The latest draft legislation follows an initial proposal in the government’s 2018 budget and draft legislative proposals released in May 2019. It noted that the […]

  • By: Staff
  • December 2, 2020 April 28, 2021
  • 08:50
Budget includes end to health and welfare trusts by 2021

The federal budget has proposed the end of health and welfare trusts, suggesting either a conversion to employee life and health trusts or a windup by the end of 2020. While the government added rules in regards to employee life and health trusts to the Income Tax Act in 2010, the Canada Revenue Agency has been providing administrative positions about […]

  • By: Ryan Murphy
  • February 28, 2018 September 13, 2019
  • 16:30