Employee Bonus Misappropriation Concerns

Summary

Misappropriating employee bonuses for tax purposes is illegal in British Columbia. Employers must pay the wages and bonuses stated on the T4. Misappropriation can be considered fraud, and you can report this to the Canada Revenue Agency (CRA). In a divorce, misappropriated bonuses may be considered marital assets, affecting division of assets and spousal support. Consulting an employment lawyer is advisable to address these issues and understand your rights. Seeking new employment may not be immediately required, but consider it for financial stability.

Full Conversation

Yes it happens every year
This situation involves potential tax fraud and employment law violations. Misappropriating wages listed on a T4 form is illegal.
You may want to consider:
- Reporting this to the Canada Revenue Agency (CRA).
- Consulting an employment lawyer to address the misappropriation.
Would you like information on how to contact the CRA or find an employment lawyer in British Columbia?
What if I divorce my husband, and while married to him, was a key employee with his company for 10 years.
In the event of a divorce, several legal aspects might come into play:
- Division of Assets: The income and bonuses you were supposed to receive could be considered part of the marital assets.
- Spousal Support: Your role and income in the company could affect spousal support calculations.
- Employment Rights: Misappropriated bonuses might be claimed as unpaid wages.
Would you like more information on division of assets or employment rights in your situation?
Yes. Will I be required to seek new employment?
You might not be required to seek new employment immediately. However, you may need to consider it for financial stability and independence. It would be wise to consult with a family lawyer to understand your rights regarding spousal support, division of assets, and employment rights.
Would you like information on how to find a family lawyer in British Columbia?