The T4 slips for wages paid in 2016 are due by the end of February 2017. This is not a deadline that you want to miss because the penalty is $25 a day (to a maximum of 100 days). The same deadline and penalties apply to the T5 forms, which are to be filed for any dividends paid in 2016. Give a thought to whether there are any payments made which were not characterized as wages and should have been. You still have 8 days to get these forms prepared and filed – so get at it!
Principal Residence: New Tax Reporting Guidelines for Canadians
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