When is my payroll remittance due?

How this is calculated

Every employer who withholds CPP, EI and income tax is placed in a remitter category, and the category decides how often you pay it over. It is set by your average monthly withholding amount , total source deductions remitted, divided by the number of months you paid employees.

The detail that catches people is which year that figure comes from: two calendar years ago. A business that doubled its payroll last year keeps its old, gentler schedule this year: and a business that shrank keeps the demanding one. Your current payroll does not move you.

• Under $25,000 , regular remitter, due the 15th of the month after you paid.
• $25,000 to $99,999.99 , threshold 1, twice a month.
• $100,000 or more , threshold 2, up to four times a month, three working days after each period ends.

Small employers with a clean compliance history can also apply to remit quarterly, which removes eight deadlines a year. It is worth asking about: the CRA does not always offer it unprompted.

A deadline that falls on a weekend or a statutory holiday moves to the next business day, and the holiday calendar is provincial, so the same deadline can differ across the country.

Late remittances attract a penalty on the amount, not on the delay: so being one day late and thirty days late can cost the same. That is a good reason to keep the liability visible in the ledger rather than rediscovering it from a statement. Comma does not run payroll, but it will take the journal your provider produces and keep CPP, EI and tax payable in accounts you can reconcile.