I am setting up our payroll and I need to set up a taxable benefit for our employees. It needs to be entered as income and be on their T4 but the employer will be paying it directly to the plan for our employees. How do I set this up?
Sorry to jump in here but for clarity, see the image below. I have put a box around the Tabs in the Master Employee setup. There is not one called Taxable Benefits.
I believe Marj is referring to the Income field called Benefits marked by the red arrow.
This is the default benefits income type that adds to the Gross and then deducts the same amount before paying the net so it is not added to the net pay, it is only used to calculate gross income tax (and CPP and EI if applicable).
You can select Setup, Settings, Payroll, Incomes to set up other Benefits if you wish to label it differently on the stub. Change the Income name to what you need and the Type from Income or Hourly rate, etc. to Benefits and set the appropriate checkboxes for deductions. This can allow you to have multiple taxable benefits that each have to be in different T4 boxes if required.
Thank you so much for all your help, I have it all set up 
Hi Ashley, if the above suggested answer helped, please do mark it as verified 
for the benefit of others in this forum :). Thank you!
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Because you posted to a message thread that refers to the Benefits income field, I have identified that in the image below. If your field is different, then just do the same for your field.
