By February 29, 2016
If you paid salary, employment commissions or employee benefits
from January 1 to December 31, 2015, 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, 2016
Employers must complete and file the Ontario Employers'
Health Tax Annual Return. You should receive this return from the
government in January 2016.
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.
