Understanding CRA Payroll Remittance Schedules

Every employer that withholds CPP, EI, and income tax from employee pay must remit those amounts to the CRA on a set schedule.

Regular remitters generally pay by the 15th of the month following the pay period. Businesses with higher average monthly withholdings may be classified as threshold 1 or threshold 2 remitters, which require more frequent remittances.

Missing a remittance deadline can result in penalties and interest, so it's worth automating this as part of your payroll process rather than tracking it manually.

Year-end adds additional deadlines: T4 and T4A slips must be issued to employees and filed with the CRA by the last day of February following the calendar year.