Tag: Tip Out

In Main Course

Fintech for the Frontline: XTM’s Today™ solution supports gratuity payout best practices for restaurants across Canada.

By MENU Magazine

On December 8, 2022

Fintech innovator XTM Inc.’s Today™ solution streamlines and simplifies the daily tip-out process for operators while delivering value beyond gratuities to employees. Today has been adopted by thousands of large and small operators...

In Main Course

Tip-outs: How even the most transparent tip-out processes can expose operators to tax liability

By MENU Magazine

On December 7, 2022

In 2020, a popular restaurant in Nova Scotia was assessed by the Canada Revenue Agency (CRA). The CRA found that a certain amount of the servers’ electronic gratuities collected between 2015-17 were subject...