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Employer Source Deductions


Richard Weber on February 13, 2014 in Advice for Business Owners

Good news! Did you know the federal budget is proposing to change the remittance threshold levels in employer source deductions?

The proposal is to apply for remittances after 2014. The threshold for remitting two times per month is to increase from $15,000 to $25,000 and remitting four times per month to increase from $50,000 to $100,000.

If you have any questions, please contact .(JavaScript must be enabled to view this email address), Tax Principal at (905) 633-6332 or .(JavaScript must be enabled to view this email address), Tax Manager at (905) 633-6335.