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Payroll Source Deductions
Type of Remitter
Thresholds
1
Payment Deadline
2
Quarterly
3
Small employers
< $3,000 and perfect
compliance history
15
th
day of the month following
the end of each calendar quarter
Monthly
4
New and regular
employers
< $15,000
15
th
day of the following month
Semi-monthly
5
Accelerated – Threshold 1
$15,000 to $49,999
25
th
day of the same month
10
th
day of the following month
Weekly
6
Accelerated – Threshold 2
> $50,000
Third working day after the end of
each weekly period
Notes
(1) Thresholds are determined based on the average monthly withholdings of Canada Pension
Plan (CPP) contributions, Employment Insurance (EI) premiums and employees’ income
tax in the second preceding calendar year.
The source deductions of all associated corporations are combined to determine the range
in which average monthly withholding amounts fall. If, for example, this amount is $15,000
or more, then all associated corporations will be considered accelerated remitters.
(2) If the due date for the remittance falls on a Saturday, Sunday or public holiday, the
remittance is due on the next business day.
(3) Small employers may remit their source deductions on a quarterly basis if they have
average monthly withholding amounts of less than $3,000 in either the first or second
preceding calendar year, and no compliance irregularities, outstanding GST/HST returns or
T4 information returns in the preceding 12 months. Quarterly remittance periods end on
March 31, June 30, September 30 and December 31. Remittances may be made either
electronically, to a taxation centre or to a Canadian financial institution.
(4) New employers or employers with average monthly withholdings of less than $15,000 in
the second preceding calendar may remit their payments either electronically, to a taxation
centre or to a Canadian financial institution.
Current as of September 30, 2013
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