T Slips

Canada Revenue Agency Deadlines:

  • January 15th
    CPP payment due

    CRA Late payment penalty: 10% of amount owing, plus interest

  • February 28th
    T4/T5s due to CRA

    CRA Late filing penalty: $100 per slip

NOTES:

  • If the due date falls on a weekend or holiday, the deadline is extended until the subsequent Monday.
  • If you need our office to calculate your CPP/estimated personal taxes, please provide salary information (for the previous calendar year) by January 1st.

TIMING:

Please allow us 2-4 business weeks to prepare your T-slips. If we have not received your information by mid-February, we cannot guarantee the slips will be submitted to CRA by the filing deadline.