Canada Revenue Agency Remittance Schedules for Source Deductions
Remittances include CPP contributions, EI premiums and income tax deducted from employees income, along with employer's share of CPP contributions and EI premiums.
If your due date is a Saturday, a Sunday, or a public holiday recognized by the CRA, your payment is considered to be on time if received on the next business day.
Remitter types, their average monthly withholding amount and due dates:
| Types | AMWA1 | Due Dates |
|---|---|---|
| Quarterly Remitter (new small employers) | Not based on AMWA. The monthly withholding amount is zero to $999.99 and a perfect compliance history. | If you are eligible for quarterly remitting deductions must be received on or before the 15th day of the month immediately following the end of each quarter.
The quarters are:
The due dates are April 15, July 15, October 15, and January 15 |
| Quarterly Remitter (small employers with account opened for 12 months or longer) | From zero to $2,999.99 and a perfect compliance history. | If you are eligible for quarterly remitting deductions must be received on or before the 15th day of the month immediately following the end of each quarter.
The quarters are:
The due dates are April 15, July 15, October 15, and January 15. |
| Regular Remitter | From zero to $24,999.99 and CRA has not advised to remit at a different frequency. | Monthly - Calendar months. Remittances must be received on or before the 15th day of next month. |
| Accelerated remitter threshold 1 | From $25,000 to $99,999.99 two calendar years ago. | Up to twice a month. Deductions must be received by the following dates:
|
| Accelerated remitter threshold 2 | $100,000 or more, two calendar years ago. | Up to four times a month. You have to remit your deductions through a Canadian financial institution so that we receive them within three working days following the last day of the following pay periods:
|
1 Average monthly withholding amount. | ||
Payments can be made by various methods. See: Make a Payment to the Canada Revenue Agency.
Province of Quebec - Remittance Schedule for Employer Contributions
If a remittance is due on a Saturday, a Sunday or a statutory holiday, the due date is extended to the next day that is not a Saturday, a Sunday or a statutory holiday.
Employers may be authorized to make remittances:
- annually, if the total source deductions and employer contributions (total annual remittances) did not exceed $2,400 in the previous year or you estimate this will be the case in the current year.
- quarterly, if your average monthly remittance for either of the two years prior to the current year did not exceed $3,000 and you have fulfilled your fiscal obligations over the last 12 months. If you are a new employer the total of your source deductions and employer contributions for each month is less than $1,000 and you have fulfilled your fiscal obligations.
If you do not meet the above conditions, remittances must be made:
- monthly, if your average monthly remittance for the second preceding taxation year was less than $25,000 or you are a new employer who does not meet the quarterly remitter qualifications;
- twice-monthly, if your average monthly remittance for the second preceding taxation year was at least $25,000 but less than $100,000;
- weekly, if your average monthly remittance for the second preceding taxation year was $100,000 or more.
Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.
Last updated: Jan 2024