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Employers Required to Report Private Dental Care Coverage on Tax Slips Starting 2023: CRA

by News
November 19, 2023
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Employers offering private dental insurance must report the coverage on their 2023 tax slips, according to a tax notice issued by the Canada Revenue Agency on Nov. 16.
The notice, which follows the mandate of the federal Dental Care Measures Act, requires all employers who provide private dental care insurance, or dental service coverage of any kind, to report the benefits on T4 slips effective Dec. 31.

“This reporting requirement is mandatory beginning with the 2023 tax year, and will continue to be required on an annual basis,” said the notice, as first covered by Blacklock’s Reporter.

“Failing to report this information may result in financial penalties.”

The measure is being taken to track whether companies are dropping private coverage with the introduction of a public dental care program. Its notice said information related to “a payee or any of their family members” with regard to their eligibility to access dental benefits must be reported—be it from their current or previous employment.

The national dental care program was one of the conditions NDP Leader Jagmeet Singh and Prime Minister Justin Trudeau agreed on after the Liberals and NDP entered into a…

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