First, what is the fair market value of that free flight to Las Vegas? More significantly, was that free vacation attributable to points earned while flying on employer business or to points earned on personal spending charged to that same credit card? If points are commingled, are the taxable employer earned points or the non taxable personally earned points used first?Fortunately, the CRA changed its view a number of years ago. The taxman’s current position is that an employee only needs to include a taxable benefit in income if the points are converted to cash or the points are considered to be an alternate form of employee remuneration.In these cases, the taxable benefit is equal to the fair market value of the personal rewards received during the year. If the employer controls the points (say, on a corporate credit card), then this benefit must be reported on the employee’s T4 slip.Let’s look at a few hypothetical examples.Sarah’s employer permits her to pay for her work related business expenses with her personal credit card, on which loyalty points are awarded.
JD Sports Fashion Plc is a multichannel retailer of sports fashion and outdoor brands. The Company’s segments are Sports Fashion and Outdoor. Its outdoor brands include Blacks, Millets, Tiso and Ultimate Outdoors. Power forwards Troy Murphy and McRoberts will have to provide more on offense. The Clippers lack for depth, too. But it something the Lakers need to fix or else the starters will burn out.
As the weekend approaches, running enthusiasts in Northern Ireland will be looking forward to one of the provinces favourite road races, the Laganside 10k, which is hosted by North Belfast Harriers and this year, sponsored by Pure Running. Aside from the Laganside 10k (and associated children races), there will also be events in Killyleagh, Belfast, Silent Valley, Ballinderry and Derry/Londonderry. Northern Ireland athletes will also compete in Chamonix (France), Janske Lazne (Czech Republic), Offaly (Ireland) and Bedford (England)..
For Omar Maslat’s family, his son Ala Maslat must try to find the words to tell his 3 year old son, who he named after his father and who was his father’s “favorite” about the death. His father would spoil his son Omar with gifts such as Nike gym shoes and clothes. “Everything was top of the line,” said Ala Maslat.
Twelve plus minutes planks, plus warrior crunches and chops will do that! My students groan with every plank. But here is why I push: athletic performance whether you are a true competitor or a weekend warrior starts in the core. It is what holds you up during the last mile of the triathlon.