Question: Ms. Matilda Bracken accepted a new position with RPL on May 1, 2022 and as a result she moved from Windsor, Ontario to London, Ontario.
Ms. Matilda Bracken accepted a new position with RPL on May 1, 2022 and as a result she moved from Windsor, Ontario to London, Ontario. She moves into a new home in London on December 1, 2022. In order to assist her move, RPL agreed to compensate her for one-half of the $100,000 loss on the sale of her Windsor home. The $50,000 payment was made on December 1, 2022. What would be the impact on employment income as a result of this transaction? A. Decrease in employment income of $17,500 B. Increase in employment income of $50,000 C. Decrease in employment income of $50,000 D. Increase in employment income of $17,500
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