Lat year when my company gave me a T4, I saw that in my total Income, it had added the money it spent on my health and life insurance.
This amounted to ~15K, so I ended up paying tax on this amount. Is this normal?
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Yes, it's normal. If you "buy" your own disability insurance with after tax money, any payout you get is non taxable. If your employer "buys" your disability insurance with their own money, any payout you get is taxable. Since the payout is not 100% of your pre-disability income, most folks strongly prefer that the payout be non taxable.
To achieve this, I pay the premiums on behalf of my employees (including myself) and then add that premium to their salary as a taxable benefit. In effect I paid it to them, then took it from them and used it to buy the insurance. (It has no impact on my corporate taxes since I can either deduct premiums or salaries, same either way.) This ensures they won't pay tax if they should collect. And I have had people collect, and it was non-taxable to them.