104  /

Notes, continued

(5) Employers with average monthly withholding amounts between $15,000 and $50,000 in 

the second preceding calendar year must remit their source deductions in the following 

manner:

• For remuneration paid during the first 15 days of the month, remittances must be

received by the 25th day of that same month.

• For remuneration paid during the balance of the month, remittances must be received

by the 10th day of the following month.

 

Threshold 1 remitters may remit their payments either electronically, to a taxation centre 

or to a Canadian financial institution. 

(6) Employers with average monthly withholding amounts of $50,000 or more in the second 

preceding calendar year must remit their source deductions four times a month. The 

remittances must be received by the third working day after the last day of the following 

periods:

• 1st to the 7th day of the month

• 8th to the 14th day of the month

• 15th to the 21st day of the month

• 22nd to the end of the month

 

Threshold 2 remitters are not permitted to make their payments at a taxation centre. 

They must remit their source deductions either electronically or to a Canadian financial 

institution. 

Current as of September 30, 2013

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affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.