Prescribed plans or arrangements

Prescribed plans or arrangements described in advance income tax ruling ATR39, Deferred Salary Leave Plan, are not covered by the salary deferral rules. Treat the deferred amounts in these cases as income in the year the employee receives them. Report the income on the employee's T4 slip for that year.

To find out how to report pension adjustments under these circumstances, see Guide T4084, Pension Adjustment Guide.

Forms and publications

• Guide T4084, Pension Adjustment Guide
• ATR39, Deferred Salary Leave Plan