Payroll
Calculate deductions and contributions on employee pay, open a payroll account to send deductions, report income deductions.
Steps for payroll
1. Find out if you have to make payroll deductions
Definitions for employers, trustees and payers.
2. Set up a new employee
Get your employee’s social insurance number (SIN) and completed Form TD1, Personal Tax Credits Return before you start paying an employee.
3. Open a payroll account
Register for a payroll account and get your payroll number to send in your deductions.
4. Calculate deductions and contributions
CPP contributions, EI and income tax deductions from employee pay.
5. Pay (remit) source deductions
When and how to send us CPP contributions, EI and income tax deductions, report a nil remittance, correct a remittance.
6. Send your payroll information return (T4/T5)
Complete and file a year-end summary of all employee’s pay and deductions.
Other services and information
Find taxable benefits and allowances
Find out if benefits and allowances are taxable, how they're declared and calculate their value.
Modify your payroll account details
Change your business details, including address, contact information or ownership structure.
Close your business tax accounts
Close a payroll account and other tax accounts if your business is being closed.
Penalties, interest or other consequences
You may have to pay penalties, interest or face other consequences if you don’t meet your payroll obligations.