Self Employed & Business Owner: Feb 28 is due date to file T4 & T5 Slip. Deadline for employers and other payers to give taxpayer an information slip, usually a T4 Statement of Remuneration Paid & T5 if you receive Dividend from the Corporation, which tells you and the CRA exactly how much you earned in 2018.Legislated late-filing penaltiesNumber of information returns (slips) filed latePenalty per day (up to 100 days) $10 per day late penalty upto Maximum penalty $1,000
February 29, 2020 - Deadline for employers and other payers to give you an information slip, usually a T4 Statement of Remuneration Paid, which tells you and the CRA exactly how much you earned in 2019. If you are Employer we can help you to prepare T4, T4A, Dividend slips.
When do employers send out the T4 tax slips?
They have to send them out by the end of February, every year. If you change jobs, make sure your former employer has a current address or email address so they can send you a T4 slip.
Florida senators introduce bill to let Canadian snowbirds stay upto 8 months. it will give Florida's tourism an extra boost.The legislation would allow some Canadian citizens to spend up to eight months a year vacationing in the United States, two months longer than they are allowed to stay now.If passed into law, the bill would allow Canadian citizens over the age of 50 who either own or rent a residence in the U.S. to remain in the country for up to 240 days each year. This bill prohibits visitors from working for American employers or public assistance while in the U.S.
