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    Home»Finance»Most Canadians feel tips are too high: survey
    Finance

    Most Canadians feel tips are too high: survey

    The Daily FuseBy The Daily FuseMarch 13, 2025No Comments3 Mins Read
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    Most Canadians feel tips are too high: survey
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    Article content material

    Most Canadians consider the nation’s tipping tradition has gotten out of hand and really feel that gratuities are too excessive, in line with a brand new examine by H&R Block Canada Inc.

    Article content material

    The examine, which interviewed 1,790 Canadians in February, discovered {that a} whopping 94 per cent are aggravated by card fee machines prompting tip choices for providers that historically haven’t required gratuities. Nonetheless, greater than 57 per cent of them really feel awkward skipping the prompts and have a tendency to go away a tip anyway.

    Article content material

    On common, Canadians take into account 9 per cent to be the suitable tipping quantity, which is properly beneath typical gratuity prompts for many providers. Fifty-three per cent of these surveyed identification as “frugal tippers” and sometimes go for the decrease tip possibility or solely tip for distinctive service.

    “Our analysis signifies that many Canadians are feeling the pressure of monetary pressures,” Yannick Lemay, tax skilled at H&R Block Canada, stated in an electronic mail. “When Canadians are feeling monetary strains they search for methods to chop again spending.”

    Most Canadians, 88 per cent, consider that tipping tradition has turn out to be a method for employers to pay their workers much less and 91 per cent assume that employers ought to cowl their employees’ full wages. They’re additionally divided on who they assume pockets the tip, with round half believing the employee retains it and the opposite half believing it goes to the employer.

    Most of these surveyed are conscious that ideas are thought-about taxable revenue, however regardless of this, 47 per cent assume that staff usually are not declaring their ideas when submitting their taxes.

    “It’s vital to emphasise that ideas are thought-about taxable revenue, by legislation, even when your employer doesn’t embody any tip quantity in your T4 slip. However the excellent news is there are a lot of methods to make your ideas work in your favour with regards to submitting your taxes,” Lemay said in a press release. “Not solely are there quite a few deductions, advantages and credit you’ll be able to leverage, there are tax-friendly methods to make use of your tricks to spend money on your skilled progress and well-being and bolster your financial savings.”

    Beneficial from Editorial

    General, solely 30 per cent of Canadians assist a powerful tip tradition, regardless of 31 per cent having immediately labored in a gratuity-based job sooner or later of their lives.

    • E-mail: novid@postmedia.com

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