+18004499756
CRA compliance for tip distribution is a tricky yet important topic, but many restaurants don’t fully understand the nuances around tip compliance.
Jayme Derkson, Marketing Director at XTM, explores best practices for staying CRA compliant when handling and distributing gratuities. She covers the complexities of tip compliance, taxation, and best practices to ensure CRA compliance in the restaurant industry.
Why is Tip Compliance Important?
The Canadian government can audit a restaurant's records for up to three years. If a restaurant fails to comply with the rules, both the employer and employees may be held responsible for repaying any owed amounts.
For more resources on tip compliance, taxation, and operational efficiency, contact Today Payments!
Sign up for Today Payments and receive 1 month free! Offer only valid until September 15, 2023. For more details and to claim this offer, click here.
Subscribe below to be the first to get an invite!
Collect, store, and manage all your employees’ data on one secure platform.
Plan, execute, and optimize your labor from anywhere.
Effortlessly track, calculate, and automate employee hours.
Recover labor costs and spend more time with staff and guests.
From the onboarding training to the continuous support of the help desk, this team is top-notch.
This is the easiest payroll system I have ever used! I have never been able to complete payroll faster than this system. Plus, the support team is amazing!
Push Operations saves so much time! Having your clocking, scheduling, budgeting, and payroll all available in one unit.
