2024年6月25日 · Box 16/Box 17 - Employee's CPP/QPP contributions - line 30800 and line 22215. Use the total of the amounts shown in boxes 16 and 17 of your T4 slips when you complete Schedule 8 or Form RC381, whichever applies, to calculate the amounts to claim on line 30800 and line 22215 of your tax return.

2024年12月31日 · Box 16 – Employee's CPP contributions. Report amounts you deducted for your employee's share of the Canada Pension Plan (CPP) contributions using box 16 if you enter in box 10 that your employee had a province of employment other than Quebec. If you report an amount in box 16, you have to report pensionable earnings using box 26.

For T4 summaries filed for calendar year 2024 and after, add the amounts in box 16A of all T4 slips. Report the total on line 16A. The CRA will provide more instructions by the end of 2023.

Do I have to report CPP2 contributions on an employee’s T4? Yes. Employee’s CPP contributions should be reported in Box 16 of the T4, and any CPP2 contributions should be reported in Box 16a.

Employers must issue T4 slips (or T4 statements) to comply with Canada Revenue Agency (CRA) regulations. This helps both the employer and employee report accurate income and tax details. For employees, the T4 slip is crucial for filing their tax return and understanding how much they earned and how much tax they’ve already paid.

2025年2月25日 · Simply put, a T4—officially called the T4 Statement of Remuneration Paid—is a tax slip that summarizes how much you earned and how much tax was deducted in a given year. You need it to file your tax return, and understanding it can help you maximize your refund.

2025年2月9日 · Box 16 – Employee’s CPP Contributions Shows the total amount of Canada Pension Plan contributions deducted from your pay. This amount is used to calculate your CPP credits and is reported on Line 30800 of your tax return.

2024年7月20日 · Box 16: Canada Pension Plan (CPP) premiums that were deducted off your pay for the year and remitted to the government of Canada. When you retire, you start getting this back. Box 18: Employment Insurance (EI) premiums that were deducted off your pay for the year and remitted to the government of Canada.

2 天之前 · Boxes 16A and 17A should be left blank for T4 slips issued for the 2023 tax year and in any subsequent year when an employee does not make any CPP2 or QPP2 contributions. For more information on the CPP2 or QPP2 contribution rates and calculations, or the CPP enhancements in general, please visit canada.ca/cpp-enhancement .

Regular payroll programming is available for those employers who wish to produce tax forms for employees, vendors (T4A) or customers (patronage payments). ADP Canada can produce forms T4, T4A, T4A-NR, Relevé 1 and Relevé 2 forms for your Regular Payroll.