Reference

Payroll Remittances

Payroll Source Deductions

Plain meaning

Amounts employers withhold and remit for income tax, CPP, EI, and related obligations.

Also called

payroll deductions source deductions

Key points

  • Employers generally withhold income tax, CPP contributions, and EI premiums from employee pay.
  • Withheld amounts and employer portions must be remitted to CRA by the applicable due date.
  • Remittance frequency depends on the employer's average monthly withholding amount and compliance history.
  • Late or missed remittances can lead to penalties, interest, and director-liability issues.

Why it comes up

Payroll remittance rules affect employer compliance, cash management, CRA collections, and worker source deductions.

News signals

CPP contribution rates EI premiums CRA compliance campaigns

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