EMPLOYERS
By February 28, 2017
If you paid salary, employment commissions or employee benefits
from January 1 to December 31, 2016, you must complete and
file:
- T4 Summary and Supplementary
reporting forms provided to you by the federal government.
- Retiring allowances, including
termination and severance pay, must be reported on T4s.
Note that amounts eligible for transfer to an RRSP are reported
separately on this form from those that are ineligible for such
transfers.
By March 15, 2017
Employers must complete and file the Ontario Employers'
Health Tax Annual Return. You should receive this return from the
government in January 2017.
Generally, employers are exempt from Ontario Employers'
Health Tax on the first $450,000 of Ontario payroll. This exemption
must be shared among associated employers. This exemption is
eliminated for private sector employers with annual Ontario
payrolls over $5 million.
