When the CRA cross-checks T4s against CPP and EI calculations, even a $1 discrepancy can trigger a PIER. That can mean shortfalls, interest (7% and compounded daily), and extra admin for you and your clients. To make it easier, we built something practical: Your PIER Playbook
In this post, we’ll outline the types of payroll deductions you need to make, along with which kind of remittance schedule you’ll need to follow. As advocates of simple, fast, friendly payroll, we’ll do our best to try to make this as painless as possible.