Beginning in taxation year 2023, issuers of T4 and T4A Slips must report whether, on December 31st of the taxation year to which the information return relates, a payee or any of their family members were eligible to access dental insurance, or dental coverage of any kind, including health spending and wellness accounts, due to their current or former employment.

This is a new Reporting that is effective for Trusts that have a year ended December 31, 2023 going forward.