View Single Post
Old 04-09-2014, 02:30 PM   #149
btimbit
Franchise Player
 
btimbit's Avatar
 
Join Date: Sep 2012
Location: St. George's, Grenada
Exp:
Default

Quote:
Originally Posted by squiggs96 View Post
I understand almost all income is taxable, and servers should be reporting all of their tips. I don't want to side track the current discussion on tipping, but I will say that the amount of servers who properly report all of their tips is almost nil. Whether that is right or not, is another discussion. I'm just trying to show how much a server would need to make to bring them back to the level they were at before a no tipping policy would be inserted.
Kind of a lose/lose with this one, since there's usually no record of what that person made in tips, and Revenue Canada decides that you got tips, if you get re-assessed they can just tack on an extra amount that you owe them. This number was 10% in the past but I've heard rumblings of it going up. Again seems fair on the surface to catch the dip####s that don't claim anything, but many times what Revenue Canada decides what you earned is way over what you actually earned, so a server could lose a lot of money this way. Even if they claimed their tips 100% accurately, since there's usually no evidence of this income Revenue Canada can decide that you didn't claim enough and say you owe them more money, all off of an income you didn't actually receive.
btimbit is offline   Reply With Quote