2023年10月18日 · CPP2 and QPP2 reporting obligations in boxes 16A and 17A start for T4 slips issued for the 2024 tax year. 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 …

2024年1月1日 · As a result of the CPP enhancement, the CRA has created the following new boxes on the T4 slip to report the second CPP contribution. Effective January 1, 2024 (2023 tax year), employers will use the following new boxes: 16A: Employee’s second CPP contributions; 17A: Employee’s second QPP contributions

2024年12月31日 · View examples of completed T4 slips in regular and special situations. Information on T4 slips for employers; how and when to complete and distribute the slips, box 45, how to amend, cancel, add, or replace T4 slips; how to correct CPP, EI and salary overpayment errors; and approval of customized forms.

Information reported on the T4 Summary includes the totals for all employment income, CPP contributions, EI premiums, and income tax deducted, for all employees. You can get a Form T4SUM in a PDF or PDF fillable/saveable format to file on paper. Report all amounts in Canadian dollars, even if they were paid in another currency.

2024年12月9日 · Learn about the new T4 and RL-1 boxes for 2024, including updates for capital gains, and other key changes that may impact your year-end reporting.

2025年2月28日 · Notice the first row of the pair records the CPP2 deduction for the employee’s T4 Slip. The second row records the employer’s matching contribution. The image below displays the “tricky” portion of the project. You must adjust the transaction header of the last paycheque in 2024 for each employee whose CPP earnings exceeded the $68,500 maximum.

2023年10月18日 · CPP2 and QPP2 reporting obligations in boxes 16A and 17A start for T4 slips issued for the 2024 tax year. Boxes 16A and 17A should be left blank for T4 slips issued for the 2023 tax year...

Box 16A is the new box on T4 begin in 2024. This is to report the new employee’s Second Additional CPP contribution. Beginning January 1, 2024, any employee who contributes to the CPP will make CPP2 contributions if and when their annual income surpasses the first earnings celling. The maximum pensionable earnings in 2024 is $68,500.

3 天之前 · After January 1, 2024, any employee who contributes to the CPP or QPP will make CPP2 or QPP2 contributions if and when their annual income surpasses the first earnings ceiling, the Year's Maximum Pensionable Earnings (YMPE). Employers will make a matching CPP2 or QPP2 contribution.

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.