Tag Archives: T4 reporting

Stock Option Benefit Source Deduction and Reporting

Posted on May 20, 2013 by

Administering stock options can be challenging for payroll, particularly where the persons concerned are no longer employees and there are no other earnings from which to make source deductions. These challenges increased after the related income tax source deduction requirements … Continue reading →

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Banked Overtime – When must source deductions be taken?

Posted on February 17, 2013 by

Banked overtime is a common payroll practice. When overtime is banked, the issues that arise usually deal with whether dollars or time are banked, how long overtime may be kept in the bank and the rate at which banked overtime … Continue reading →

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What’s the province of employment when paying a retiring allowance?

Posted on October 31, 2012 by

Everyone knows the importance of the province of employment. First, getting this right is fundamental to correctly calculating income tax source deductions, since these are in part based on legislation specific to the province concerned. Second, since the province of … Continue reading →

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