O See RC4004 for threshold amounts in the treaties. O All countries use the Federal Basic Personal Amount (BPA). Guide RC4004, Seasonal Agricultural Workers Program – for information about the program, TD1 forms and income tax withholding requirements (figures updated annually located in “Income Tax Withholding – Quick Rule of Thumb Table”).For information regarding the Program, employers are requested to visit the Canada Revenue’s Agency website to locate required information from the following list of Revenue Canada and Tax Filing Guides. We will aim to update them as soon as they are available.It is important for the success of the Seasonal Agricultural Workers Program, as well as for the workers, that all employers properly withhold the required amounts of income tax, CPP contributions, and EI premiums. Certain details have yet to be published. If you are reporting employment income for the period of April 25 to May 8, payable on May 14, use code 58.įor further information and advice, please contact your KB advisor.ĭisclaimer: The COVID-19 Canadian tax policies in the above article are changing rapidly as the governments introduce new measures.

The new requirement means employers should report income and any retroactive payments made during these periods. Code 60: Employment income – August 30 to September 26Įligibility criteria for the CERB, CEWS, and CESB is based on employment income for a defined period.Code 59: Employment income – July 5 to August 29.Code 58: Employment income – May 10 to July 4.

Code 57: Employment income – March 15 to May 9.

How to report employment income during COVID-19 pay periodsįor the tax year 2020, in addition to reporting employment income in Box 14 or Code 71, use new other information codes when reporting employment income and retroactive payments in the following periods: For the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid.Īdditional reporting requirements will apply to all employers, and will help the CRA validate payments under the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Response Benefit (CERB), and the Canada Emergency Student Benefit (CESB).

Canada revenue agency t4s