A Canadian small business employer’s guide to T4s, T4As and RL-1s

T4s, T4As and Relevés — what do they have in common, other than the fact that T4A and Relevé rhyme? Or, that you could easily refer to these things as “T4-ehs?” for all the confusion they cause.

Don’t worry, this article will help answer some of your most burning questions about these forms.

What are T4s, T4As and Relevés?

In their simplest forms, these documents are used by employers to report the wages and taxes included in the business’ payroll and paid to each employee or contractor within a given calendar year.

They’re what you might call the “holy grail” of payroll documents. They’re sent to your employees, your contractors — and the Canada Revenue Agency (CRA) or Revenue Québec (RQ) by the last business day of February each year.

• If you make a mistake, there’s no hiding — both the government and your workers will know.
• Beyond trust issues, there’s the pain of correcting mistakes and the risk of fines and penalties.

Who gets a T4, T4A or RL-1?

• T4s are given to employees and the CRA.
  (You need to create a T4 for each province and territory in which the employee earned income.) 
• T4As are given to independent contractors and the CRA.
  (Same as a T4, create one for each province and territory in which the contractor was paid.) 
• Relevé 1s (RL-1s) are what gets submitted to Revenu Quebec (RQ) for workers in Quebec.
  (Note: Relevé 1s are an additional item that gets submitted to RQ for Québec-based employees and contractors. Employers must also issue federal T4s or T4As. ) ​

Payroll year-end?

These forms are all part of a process called payroll year-end. The end of the calendar year (and the last few months leading up to it) is when businesses close the books on the previous calendar year and complete all their required compliance reports and documents — mainly T4, T4A and Relevé slips, which are probably the most well-known parts of a payroll year-end.

Year-end is also when employers must reconcile their payroll amounts. This is when you add up what you’ve paid in wages and programs, like Employment Insurance (EI) or Québec Parental Insurance Plan (QPIP) and Canada Pension Plan(CPP) or Québec Pension Plan (QPP) and report them to the Canada Revenue Agency (CRA) or Revenue Québec (RQ). This pretty much goes hand-in-hand with issuing T4s, T4As and RL-1s.

This article will help you learn the basics about T4s, T4As and RL-1s. It will also show you why automating calculations and remittances using payroll software, like Wagepoint, can help you make creating these forms a lot easier each year.

What’s a T4?

A T4 Statement of Remuneration Paid is an information slip that shows how much money an employee earned and how much was withheld and remitted to the government for tax purposes. It is also the form that your employees use to file their income taxes each year.

Every year, T4 slips are required for the following instances:

• Employees you’ve paid more than $500.
• Any deductions for CPP or QPP contributions, EI premiums, Provincial Parental Insurance Plan (PPIP) premiums or income tax from an employee’s pay.
• Every employee whether they’re current, inactive or terminated.
• T4 slips for the previous calendar year are due to employees and the CRA by the last business day in February immediately following the calendar year.

Note: You also need to create a T4 for every province and territory in which the employee earned income. 

What’s included in a T4 issued by an employer?

Generally, all taxable income, allowances, benefits, deductions and pension plan contributions are included in the employer’s T4 form. Find out what to report and not report on a T4 here.

Here’s an overview of some of the main boxes within a T4:

T4 Statement of Remuneration Paid

Employer’s name

This is your company name. Ensure that you spell it the same way you have it in your business registration forms and reporting documents that go to the CRA.

Employee’s name and address

This field needs to be correct so that everything matches in the CRA’s system. This should be the same name you have in your payroll system. CRA recommends entering  the employee’s last name (all in capital letters) followed by the employee’s first name and initials. If the employee has more than one initial, enter the employee’s first name followed by the initials in the ‘First name‘ space.

DO NOT include professional titles of courtesy titles, such as director, Mr., Mrs, etc. 

Enter the employee’s full address, including Canadian province or territory and postal code.

Year

This is the calendar year — January through December — for which you are reporting the employee’s income. It’s the year in which you paid the wages to the employee.

Box 10 — Province of employment 

In most cases, this is the province or territory where the work takes place. That being said, in recent years workplaces are seeing more hybrid and remote work agreements for employees. Please check the CRA’s guidelines on determining the province of employment.

Box 12 — Social insurance number (SIN)

As we all know, a SIN is like a license plate. It’s an identifier. (Fun fact: SINs were first created as part of the Canada Pension Plan.) A mistake in this nine-digit code can wreak havoc. To avoid this, verify your employee’s SIN number visually when you hire them.

For a temporary SIN that’s been replaced by a permanent SIN, enter the permanent SIN.

Box 14 — Total employment income 

This is the box where you enter the overall total for all the income paid to the employee in the calendar year. This is the “Big Kahuna” number on the T4 that includes all the types of income, including wages, bonuses, commissions, vacation pay, etc.

The other boxes in the T4 break this number down in further detail, but this is the one that’s the sum of them all.

Box 16/17 — Canada Pension Plan (CPP) or Québec Pension Plan (QPP) contributions 

Enter the total CPP contributions withheld from the employee in box 16. If you withheld QPP contributions, you will put that total in box 17. If an employee is exempt from CPP or QPP, you may leave these boxes empty.

CPP has an annual maximum contribution limit and the amount reported in this box must not exceed that limit.

Note: These amounts are only the employee’s contributions — not the employer contributions. 

Box 16A/17A: Employee’s Second Additional CPP Contributions (CPP2) or Employee’s Second Additional QPP Contributions (QPP2)

These boxes report any secondary contributions to the Canada Pension Plan (CPP) or Québec Pension Plan (QPP) made by employees, where applicable. You may leave the boxes blank if the employee did not make any secondary CPP/QPP contributions. As with the first CPP contribution, CPP2 also has an annual maximum contribution limit to be aware of.

For a full guide on CPP2 check out this link: A small business guide to CPP2

Box 18 — Employee’s EI (Employment Insurance) premiums

This is the box with the amount of EI that you withheld from the employee’s cheques — up to a maximum amount which is set each year. If your employee is exempt from contributing to the EI program and you didn’t deduct EI from their pay, leave this box blank.

Box 20  — RPP (Registered Pension Plan) contributions

The amount in this box is the total (including instalment interest) that the employee paid into an RPP. If the employee didn’t contribute or participate, this is left blank. This box is for direct contributions RPP only, not amounts moved from a registered retirement savings plan (RRSP) to an RPP or employer contributions to an employee’s RRSP.

Box 22  — Income tax deducted

This box shows the total amount of income taxes deducted from the employee’s earnings, including federal and provincial (all except Quebec) and territorial income taxes.

Box 24 — Total EI insurable earnings

This box includes all applicable insurable earnings up to the maximum EI allowable earnings for the year.

If the employee had no EI insurable earnings and Box 18 (Employee’s EI premiums) is blank, enter zero.

Box 26 — CPP/QPP pensionable earnings 

Box 26 is for all pensionable earnings up to the maximum CPP/QPP allowable earnings in the year. This is the amount you used to calculate your employee’s CPP/QPP and CPP2/QPP2 contributions. Notable exceptions include employees who are under 18 and those who are over the age of 70.

If the employee had no pensionable earnings and boxes 16 and 17 are blank, enter zero.

Box 28 — Exempt (CPP/QPP, EI and PPIP)

This box is to show exemption for CPP/QPP contributions, EI premiums and Provincial Parental Insurance Plan (PPIP) premiums for the entire reporting period. Enter an X into this box only if you didn’t have to withhold these amounts. You can leave it blank if you:

• Reported a retiring allowance with no other types of income.
• Reported more than 0 in boxes 16, 17 or 26.
• Reported 0 in box 26 and the employee filled out and gave to you Form CPT30.
• Reported 0 in box 26 and the employee worked employment type C to O on the back of Form CPT20.

Box 29 — Employment code

This box is for workers with specific employment codes tied to their employment. Only enter a code if one of the following applies.

• 11 – Placement or employment agency workers
• 12 – Taxi drives or drives of other passenger-carrying vehicles
• 13 – Barbers or hairdressers
• 14 – Withdrawal from a prescribed salary deferral arrangement plan
• 15 – Seasonal Agricultural Workers Program
• 16 – Detached employee – Social security agreement
• 17 – Fishers – Self-employed

Note: For code 11, 12, 13 or 17, don’t enter an amount into Box 14.

Box 44 — Union dues

Employers only need to fill in amounts here if you and the union agree that the union will not issue receipts to employees. (Keep a copy of this agreement in your records.) This amount should only include what the employer deducted. It does not include initiation fees or strike pay.

Box 45 — Employer-Offered Dental Benefits

Enter the related code to this box if you gave your employees access to dental care insurance or coverage for any dental services. These are the codes as outlined by the CRA:

1. Not eligible to access any dental care insurance, or coverage of dental services
2. Payee only
3. Payee, spouse and dependent children
4. Payee and their spouse
5. Payee and their dependent children

There are specific situations to be aware of. Please see this link for more information.

Box 46 — Charitable donations 

In this box, you enter any amounts withheld for charitable donations to registered charities.

Box 50 — Registered Pension Plan (RPP) or Deferred Profit-Sharing Plan (DPSP) registration number

This is the seven-digit number used for your RPP or DPSP registration. If the employee participates in more than one plan, include the registration number for the plan with the largest pension adjustment (PA).

Box 52 — Pension adjustment (PA)

• If you have an employee that worked in more than one province or territory, report this amount proportionally in the T4s.  If you can’t portion it, report it on only one of the T4s.
• If the employee participates in more than one RPP and or DPSP, calculate the amount using the total credits for all the plans.
• If an employee is on a leave of absence and is still accruing pensionable service or credits, you must report these credits — even if the employee has no employment income.

Leave this box blank if:

• The calculated PA is a negative amount or zero.
• The employee passed away.
• The employee no longer accrues new pension credits in the year.

Special calculations may apply for employees who:

• Left your employment.
• Are on or return from a leave of absence.
• Participate in a salary deferral.
• Work part-time.

Providing T4s to your employees.

Canadian employers must provide employees with their T4 slips by the last day of February (or next business day if it falls on a weekend) of following the calendar year. Failure to do so can result in CRA penalties per day per slip.

How employers can deliver T4 slips

• Email: Allowed only if you have written consent from the employee.
• Secure online portal: T4s can be posted to a secure employee portal where they can view the slip(s) and/or print them. If an employee requests a paper copy, you must provide one.
• Paper copies: Provide two copies to each employee, either in person or by mail. For security reasons, do not print the payroll account number (Box 54) on employee copies.

If you can’t deliver a T4 slip

If a T4 is returned as undeliverable, keep it in the employee’s file. If you know an address is incorrect, do not send the T4. Instead:

• Document why it wasn’t sent and what steps were taken to find the correct address
• Keep this documentation with the T4 in the employee’s file
• Still include the T4 in your T4 Summary when filing with the CRA

Additionally, it is always good practice to suggest that your employee use My Account for Individuals to retrieve any copies of their T4 slips.

If you’re using Wagepoint, your employees can access their T4 documents through the same online portal where their paystubs are found.

Filing T4s with the CRA.

Starting January 2024, if you need to file more than 5 information returns (slips) for a calendar year, you are required to file electronically by either:

• Internet file transfer
• Web Forms

 If you’re using Wagepoint, ensure you follow the proper year end steps and your year end forms will be filed with CRA and distributed to your employees securely with the click of a button.

What is a T4 Summary?

When you submit your T4s, you must also include a T4 Summary of Remuneration Paid. This is basically a top-level report totalling all the amounts your business listed on each of the employee T4s. If you have more than one Payroll Account Number, you have to submit one for each Payroll Account Number.

If you use Wagepoint, yep — you got it — we’ll calculate and send this information to the CRA for you.

T4 Summary balance due.

A balance due on your T4 Summary often depends on when you generate the summary compared to when your December source deductions are paid. For most regular remitters (monthly), December source deductions are due to be paid on January 15 of the following year.

If you generate your T4 slips and summary before making that payment in January, the balance due will typically reflect the December source deductions owing. However, if the balance shown on the T4 Summary does not match the December source deductions or reconcile with your Statement of account for current source deductions, this may indicate an issue potentially triggering a Pensionable and Insurable Earnings Review (PIER) by the CRA.

Pensionable and Insurable Earnings Review (PIER).

A PIER report is CRA’s process of checking why the CPP contributions and EI premiums don’t add up to what you reported on the employees T4s. If something doesn’t add up, even by a small amount, the CRA may send you a PIER report.

For more information, check out this guide: How to avoid a PIER.

Amending or changing T4s.

Amending or cancelling T4’s depends on a few variables and each filing method has separate instructions. If you need to make amendments to T4’s that have already been filed with the CRA, please refer to the following links.

• Amending or Cancelling T4 Slips Using Internet File Transfer (XML)
• Amend or cancel slips using Web Forms
• Amend on paper
• View, reset and revert T4’s filed using Wagepoint

T4 penalties.

The last business day of February is a date you don’t want to miss. CRA considers each T4 slip an information return, and the legislated late-filing penalty is based on the number of information returns you file late. The penalty is $100 or the amount calculated according to the chart below, whichever is more:

There is also a relieving administrative policy which reduces the penalty to make sure it is fair and reasonable for small businesses. You may be charged a reduced penalty under this administrative policy if your information return is part of the list of specific information returns, which includes T4s and T4As.

Again, CRA considers each slip an information return, and the penalty is based on the number you filed late. The penalty is $100 or the amount calculated according to the chart below, whichever is more:

What’s a T4A?

A T4A is long-windedly known as the Statement of Pension, Retirement, Annuity and Other Income.

T4As are more commonly associated with contractor relationships, where no employment contract exists. However, they can also be issued to employees, retired workers and shareholders or directors to account for other types of income as well. Here is a list of exceptions.

Note: contractors and subcontractors of construction trades are different. Subcontractors of construction trades receive T5018 forms. Those are not covered in this article. Please see here for more information.

Issuing T4As for contractors.

As a small business employer, one of the most common reasons you’d issue a T4A  would be to provide year-end documentation to an independent contractor. In turn, the contractor will use the T4A for their self-employment taxes.

If you pay a contractor $500 or more for their services, you must issue a T4A.

Payer’s and recipient’s information

The same rules apply here as they do for a T4. In this case, the business (you) are the payer and the contractor is the recipient. Here are a few of the common fields on the form.

Box 012 — Recipient’s SIN

Enter the contractor’s SIN. If you don’t have their number, enter nine zeros.

Box 013 — Recipient’s account number

If your contractor is registered as a business (sole proprietor, partnership or corporation), they’ll have a CRA business number that you’ll enter here.

Box 015 — Payer-Offered Dental Benefits

This box is optional unless there’s an amount in Box 016. This box is to indicate if the recipient or one of their family members were eligible on December 31 of that year to receive dental insurance or any dental service coverage that you offered. These are the codes as outlined by the CRA:

1. Not eligible to access any dental care insurance, or coverage of dental services
2. Payee only
3. Payee, spouse and dependent children
4. Payee and their spouse
5. Payee and their dependent children

Box 016 — Pension or superannuation

This is used in specific situations such as payments you made for registered or unregistered pension plans, disability benefits, veterans’ benefits eligible for pension splitting, First Nations, employee benefit plans or retirement compensation arrangements.

Box 018 — Lump-sum payments

Check out these circumstances with lump-sum payments to include in this box.

Box 20 — Self-employed commissions

If you paid your contractor commissions as part of your relationship, enter these amounts here without GST/HST.

Box 022 — Income tax deducted

Unless you deducted income tax for the independent contractor, leave this box blank. (Typically, independent contractors are responsible for their own taxes.)

Box 048 — Fees for services

This is the box most small businesses will use to document the amount paid to a contractor during the calendar year.  Do not include any GST/HST you paid along with these fees.

Box 061 — Payer’s account number

This is your business’ payroll account number.

Bottom of T4A — Other information area

The second most common place small business employers document amounts paid to contractors is using Code 28 — Other income. Here’s a full list of the income codes for a T4A.

If you have more than 12 codes for the same contractor, create a second T4A. The only thing you have to repeat is your business’s and the contractor’s identifying information.

Other reasons a T4A might be issued:

A T4A may also be issued when you pay any of the following types of income: (In the case of these types of incomes, you issue the T4A because you deducted CPP/QPP and/or EI from the amounts.)

• Pension or superannuation
• Lump-sum payments
• Self-employed commissions
• Annuities
• Patronage allocations
• Registered education savings plan (RESP) accumulated income payments
• RESP educational assistance payments
• Fees or other amounts for services
• Income replacement payments made under the Veterans Well-being Act
• Research grants
• Payments from a registered disability savings plan (RDSP)
• Wage-loss replacement plan payments if you were not required to withhold Canada Pension
• Plan (CPP) contributions and Employment Insurance (EI) premiums
• Death benefits
• Certain benefits paid to partnerships or shareholders

General guidelines for completing a T4A.

A friendly reminder that the same rules and guidelines that apply to a T4, apply to a T4A.

Helpful T4A reference pages from the CRA.

The following tools can help you find more detailed info on T4As, right from the source:

• T4A Information for Payers
• Guide to Filling Out the T4A Slip
• Full List of T4A Boxes & Codes
• How to Change or Fix T4A Slips

What’s a Relevé 1 (RL-1)?

If your business is based in Québec or if you have employees work in Québec, you’ll need to issue an RL-1 Employment and Other Income slip.  There are a few different groups that would have to fill out an RL-1 depending on the circumstances. These are:

• If  you paid salaries, wages, gratuities, tips, fees, scholarships or commissions as an employer or payer.
• If you paid amounts as the custodian of an employee benefit plan to a beneficiary of the plan.
• If you allocated amounts as the trustee of an employee trust to an beneficiary of the trust.
• If you paid certain income that isn’t part of salary or wages as a payer.

 Note: As the RL-1 only covers reporting in Québec, you also have to complete T4s and T4s for your federal reporting.

The kinds of source deductions are included in RL-1 documents.

The amounts documented in the RL-1 tend to relate to Québec-specific taxes, including:

• Québec income tax
• Québec Pension Plan (QQP) contributions (Québec’s version of CPP)
• Québec Parental Insurance Plan (QPIP) premiums
• Contributions to:
  • Health Services Fund contributions
  • Labour Standards
  • Workforce Skills Development and Recognition Fund (WSDRF)
  • Recognition Fund (WSDRF)

What’s included in an RL-1  issued by an employer.

You could skip around the RL-1 pages of the RQ site, but this PDF guide to the RL-1 is particularly helpful. Revenue Quebec also provides a summary list of all RL-1 slip boxes here.

We’ll go into more detail on each box below.

Box A —  Employment income before source deductions

This is the amount you paid the employee before taxes, otherwise known as gross pay. Include all forms of remuneration except the portion of such income included in box R that constitutes employment income situated on a reserve or premises.

Box B.A and B.B — QPP contribution and additional QPP contribution

In box B.A, enter the total of the first QPP contributions withheld from the employee up to the annual maximum.

In box B.B, enter the total of the second additional QPP contributions withheld.

Also in boxes B.A and B.B, include (as applicable), any employee QPP contributions that you paid that are included in box L.

Do not correct the amounts in boxes B.A and B.B if they are too high and if you did not withhold QPP contributions, eave the boxes blank.

Box C — EI premium

Enter the total EI premiums withheld during the year.

Box D — RPP contribution

Note any RPP contributions in this box, including:

• Amounts withheld for current and past service.
• Interest considered to be a contribution to an RPP.
• Amounts withheld as a part of a retirement compensation arrangement.

Box E — Québec income tax

Document provincial income tax, including the health contributions, withheld at source.

Box F — Union dues

List the amount withheld as union dues during the year:

• If you have entered into an agreement with the union that it won’t issue receipts for the dues.
• If the amounts were withheld as part of an agreement you entered with an entity your employees are members of.
• If the entity is a union, an RQ-recognized employee association, a parity committee, an advisory committee or similar group or the Commission de la construction du Québec.

Don’t include membership fees in Box F.

Box G — Pensionable salary or wages under QPP

Enter the pensionable salary or wages under the QPP up to the maximum amount.

Box H — QPIP premium

Put the amount of QPIP premiums withheld in this box.

Box I —  Eligible salary or wages under QPIP

Document the eligible QPIP salary or wages up to the annual maximum. If there is no amount for the year, enter zero.

Box M — Commissions included in the amount in box A or box R

Show any commissions that fall under Box A (Employment Income) or Box R (Income paid to a Native Canadian situated on a reserve or premises). Don’t include commissions for self-employed individuals.

Box N — Charitable donations and gifts

Note any employee donations withheld and given to a registered charity.

Box O — Other income not included in Box A (Employment Income)

This can include income, such as research grants, tax-free savings account, death benefits, financial assistance and a self-employed individual’s commissions.

Box Q — Deferred salary or wages (Tax-exempt and not included in the amount in Box A or Box L)

These are the total of the amounts you paid to a custodian or a trustee of an employee benefit plan, a profit-sharing plan or trust.

Box R — Income paid to a Native Canadian situated on a reserve or premises

This represents income paid to a Native Canadian employee who lives on reserve or works on-site.

Box S — Tips

Includes tips reported in the employee’s Register and Statement of Tips or equivalent document, as well as tips that were distributed to the employee because they were added to the customer’s bill.

Box T — Tips allocated by the employer

These are the tips that the employer provided to an employee and added to his or her basic salary or wages — those you were required to allocate because the amount of tips the employee reported was less than 8% of their tippable sales, not including GST or QST.

Taxable benefits included in box A or box R (as applicable)

Box J — Private health services plan

Enter the total employer contributions to a private health services plan.

Box K — Trips made by a resident of a registered remote area (Taxable, included in Box A or R as applicable)

List amount for eligible travel that the employer reimbursed.

Box L — Other benefits

Include amounts not documented in Boxes J (Private health services), K (Remote travel), P (Multi-employer insurance), V (Meals and lodging) or W (Motor vehicle).

Box P — Contribution to a multi-employer insurance plan

If you contributed to a multi-employer insurance plan for the employee, list it here.

Box V —  Meals and lodging

Includes the allowance you pay to an employee for meals and lodging.

Box W — Use of a motor vehicle for personal purposes

If the use of a motor vehicle is provided as a taxable benefit, it must be included here.

Principal changes to RL-1s for 2025.

Removal of additional information codes

Additional information codes L-11 to L-13 were removed following the announcement of the cancellation of the increase to the capital gains inclusion rate.

New obligation for fees paid to a CCPC in the trucking industry

As of the 2025 taxation year, any business in the trucking industry that pays fees (or other amounts for services rendered) to a Canadian-controlled private corporation (CCPC) in the same industry is required to file an RL-1 slip for the CCPC and include the amounts in box O (code RD). This requirement applies even if no Québec income tax was withheld from the amounts. For details, see Fees for services rendered (code RD).

General guidelines for completing an RL-1.

Another reminder for you! The same rules and guidelines that apply to a T4 apply to an RL-1

How to file RL-1 slips with RQ.

Employers can file RL-1 slips and summaries with RQ using:

• Software authorized by RQ, such as Wagepoint.
• Software you developed that meets RQ requirements.
• RQ’s online services.
• Fillable PDF forms.
• Paper forms provided by RQ.

NOTE: You must send RL-1 slips online to RQ if, in a calendar year you file more than 5 of the same RL slip types (except the RL-13 and RL-24 slips).

Wagepoint automates RL-1 slip creation and submission. However, due to additional requirements for the RL-1 summary, we provide employers with the payroll information  needed to file the RL-1 summary with RQ outside the software. 

Providing RL-1s to your employees.

Just like with a T4, the preference and most secure way to distribute important documents like RL-1s is electronically. You do not need their prior written consent if certain conditions (including confidentiality rules) are met. However, you must distribute a paper RL slip to anyone who requests one.

That being said, to distribute RL slips online to recipients who are not employees, you first must get their written consent. You must also inform them of how they can revoke their consent.

When you distribute RL slips online to employees and recipients, you need to ensure that you are:

• protecting their personal information;
• able to check the identity of any recipient who gives their consent; and
• can make sure that the information on the RL slip cannot be modified.

RL-1 penalties.

Businesses and self-employed individuals who fail to file their RL slips, or summaries are subject, under the Tax Administration Act, to a $25-per-day penalty (up to a maximum of $2,500). This is in addition to any late-filing penalties that may apply.

You could receive a financial penalty if you:

• Leave out key information.
• Send your RL-1s to RQ late.
• Send your RL-1s to your employees late.
• Don’t file RL-1s using the proper method above.

Why are T4s, T4As and RL-1s so important?

There are several reasons why these forms matter:

• These forms are what your employees use to file their income taxes.
  • If you fail to meet the end of February deadline, your employees can report you to the CRA or Revenu Québec.
  • If an employer is found to be at fault for causing a delay or failing to provide these forms, penalties may be assessed.
• T4s, T4As and Relevé 1s are also used to show how much employers have paid in employer taxes, like CPP contributions and EI premiums, which in turn determines your schedule for making these payments.
  • If an employer doesn’t deduct applicable taxes, the CRA can fine 10% of the amounts that weren’t deducted or 20% of the amount that wasn’t deducted for two or more instances in the calendar year.
• It is also the responsibility of the employer and the employee to ensure that the information on these forms is accurate.
  • If there’s a mistake, you’ll have to go through the process of amending, cancelling, adding or replacing them.

Every day is year-end.

In payroll, there’s an expression, “Every day is year-end.” While a lot of focus is given to pulling things together at the end of the calendar year and issuing T4s, T4As and RL-1s by the end of February, the truth is, in a perfect world, you want to set your payroll up right from the start.

Using software, like Wagepoint, makes year-end for small businesses a breeze.

Someone’s gotta make the lawyers happy. (Yep, there’s something out there that’s even more painful than payroll, childbirth or gardening documentary marathons.)

The advice we share on our blog is intended to be informational. It does not replace the expertise of accredited business professionals or the responsibility of the business owner to ensure compliance.

To qualify for complimentary T4s with Wagepoint (included as part of your standard fees) — a business must run a minimum of two payrolls in the current calendar year.

Remittance and reporting capabilities within Wagepoint vary by location.