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Sebastian works in the corporate office atLoblaw's and receives the following during theyear: Salary: $45,000 Frequent flyer miles earned on business flights purchased with a
Sebastian works in the corporate office atLoblaw's and receives the following during theyear:
Salary: $45,000
Frequent flyer miles earned on business flights purchased with a personal creditcard: 29,000 miles, with no cash value
Along-service (non-cash) award for five years ofservice: $650
Christmas(cash) bonus: $850
Value of a weddinggift, as Sebastian got married in the currentyear: $400
How much of the items aretaxable?
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