T4 Summary Report (Canada)
A T4 Summary Report compiles the data from individual T4 slips issued to employees, including total earnings, Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and income tax deductions for a specified calendar year. Employers use this summary to report total income and deductions for all employees, ensuring compliance with Canada Revenue Agency (CRA) tax regulations. It provides both the employer and the CRA with accurately calculated tax liabilities and potential refunds. Typically, this report is filed annually alongside individual T4 slips for each employee.
NOTE: This report is linked to the tax wizard events and therefore should be accessed through the Tax Wizard for full functionality.
See Reports for information common to all reports.
| T4 Summary Report Templates | |
|---|---|
| TEMPLATE | DESCRIPTION |
| by Employee | Shows T4 data grouped by employee |
| by Branch | Shows T4 data grouped by branch |
| by Department | Shows T4 data grouped by department |
| by Branch/Department | Shows T4 data, first grouped by branch and then department |