| Happy Holidays! Now is the perfect time to take a photo of your odometer. If you are self employed and do not track your business-related driving, the CRA will disallow all auto expenses. |
| Have questions? Give us a call at 905-571-2665 (BOOK)! |
| Did you know? The RRSP contribution limit for 2021 will increase to $27,830 from the previous limit of $27,230. No need to worry if you don’t have the cash to meet that limit up front. It carries forward until you turn 71, when the RRSP must be used. |
| Have questions? Give us a call at 905-571-2665 (BOOK)! |
- Go to My Payment website: https://www.canada.ca/en/revenue-agency/services/e-services/payment-save-time-pay-online.html.
- Click “Pay now”
- Select “Payroll source deductions”
- Select “Regular remittance”
- If the entity is subjected to Quarterly remittance, select “Quarterly remittance”
- If paying interest on payroll account, select “Arrears/penalty/interest remittance”
- Enter necessary information
- Account number (ending RP xxxx)
- Gross payroll
- Number of Employees
- Period end
- Amount
- Review the information and click “Confirm and proceed to pay”
- Select the bank and proceed payment at bank site.
- Print out the confirmation