filing taxes - T4
#16
Joined: Sep 2008
Posts: 12,830
Re: filing taxes - T4
It would be nice if the government paid employers to collect taxes and do all the filing and paperwork involved too!
#17
Account Closed
Joined: Jan 2006
Posts: 0
Re: filing taxes - T4
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
#18
Joined: Sep 2008
Posts: 12,830
Re: filing taxes - T4
Cost of doing business, but giving employers until the end of February is too long, if US companies can do it by end of January, no reason Canadian companies can't do the same.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
#19
Re: filing taxes - T4
@beckiwoo, they only want to know about worldwide income since you become a tax resident of Canada. Income prior to become tax resident does not count. Determining residency for tax purposes is based on:
Significant residential ties to Canada include:
-a home in Canada;
-a spouse or common-law partner in Canada; and
-dependants in Canada;
Secondary residential ties that may be relevant include:
-personal property in Canada, such as a car or furniture;
-social ties in Canada, such as memberships in Canadian recreational or religious organizations;
-economic ties in Canada, such as Canadian bank accounts or credit cards;
-a Canadian driver's licence;
-a Canadian passport; and
-health insurance with a Canadian province or territory.
Significant residential ties to Canada include:
-a home in Canada;
-a spouse or common-law partner in Canada; and
-dependants in Canada;
Secondary residential ties that may be relevant include:
-personal property in Canada, such as a car or furniture;
-social ties in Canada, such as memberships in Canadian recreational or religious organizations;
-economic ties in Canada, such as Canadian bank accounts or credit cards;
-a Canadian driver's licence;
-a Canadian passport; and
-health insurance with a Canadian province or territory.
Thanks for th info on worldwide income, I'm guessing I can leave that blank then. Got a night shift about to start so I'm going to start working on all this.
#20
Re: filing taxes - T4
Cost of doing business, but giving employers until the end of February is too long, if US companies can do it by end of January, no reason Canadian companies can't do the same.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
If it was the law to issue a T4 at the end of January, then all employers would comply. If the employer is given to end of Feb, then that's what they will comply with.
We issued ours today - early by our standards.
#21
Account Closed
Joined: Jan 2006
Posts: 0
Re: filing taxes - T4
We process for about 2,500 employees, in house. We also have to wait for a CRA update for our system which invariably doesn't arrive and get loaded till first week of Feb.
If it was the law to issue a T4 at the end of January, then all employers would comply. If the employer is given to end of Feb, then that's what they will comply with.
We issued ours today - early by our standards.
If it was the law to issue a T4 at the end of January, then all employers would comply. If the employer is given to end of Feb, then that's what they will comply with.
We issued ours today - early by our standards.
Suppose the government is in no hurry though to refund money.
I've run into the issue of not being able to recall my CRA user name, and they won't let me sign up with another one again, and thus far the phone people haven't been able to help.
May end up filing by paper and mail at this rate.
The worst offender of not getting tax related statements out is the Government of BC, they say sometime in early March as their system has had some issues and they haven't been mailed yet, but they hope next week.
#23
BE Enthusiast
Joined: Mar 2014
Location: Mission and loving it
Posts: 464
Re: filing taxes - T4
So on another tax note, is it possible to deduct tax for expenses incurred for work purposes, that weren't reimbursed by your company, I'm thinking safety boots and Toll's? What about service costs if your vehicle is primarily used for work purposes?
I get a car allowance, but this is already taxed.
Also, in the section for child fitness costs, do you have to attach proof of the expense?
I know these are probably noobish and/or totally incorrect, but it's my first go at this lol
I get a car allowance, but this is already taxed.
Also, in the section for child fitness costs, do you have to attach proof of the expense?
I know these are probably noobish and/or totally incorrect, but it's my first go at this lol
#25
Re: filing taxes - T4
I'm afraid there's no shortcut to understanding the tax system.
#26
BE Enthusiast
Joined: Mar 2014
Location: Mission and loving it
Posts: 464
Re: filing taxes - T4
My suggestion would be to read thoroughly the T1 General Guide: 5000-G - General Income Tax and Benefit Guide 2014 - All Provinces Except Non-Residents
I'm afraid there's no shortcut to understanding the tax system.
I'm afraid there's no shortcut to understanding the tax system.
#27
Re: filing taxes - T4
Cost of doing business, but giving employers until the end of February is too long, if US companies can do it by end of January, no reason Canadian companies can't do the same.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
Not like these major companies are doing payroll, haven't worked anywhere that didn't outsource to ADP or another company to do it.
Bearing in mind you have longer to file than in the US as well by 15 days.
#28
Re: filing taxes - T4
I'm confused about the worldwide income section. Do they want what I earnt in the UK before I arrived as the tax years are different and only have information to hand from April to December 2014. I dont have any properties in the UK and I am not earning any money since I arrived...
If you haven't worked since you arrived you might not even need to file a return as you may well be below the reporting limit.
#29
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,693
Re: filing taxes - T4
So on another tax note, is it possible to deduct tax for expenses incurred for work purposes, that weren't reimbursed by your company, I'm thinking safety boots and Toll's? What about service costs if your vehicle is primarily used for work purposes?
I get a car allowance, but this is already taxed.
Also, in the section for child fitness costs, do you have to attach proof of the expense?
I know these are probably noobish and/or totally incorrect, but it's my first go at this lol
I get a car allowance, but this is already taxed.
Also, in the section for child fitness costs, do you have to attach proof of the expense?
I know these are probably noobish and/or totally incorrect, but it's my first go at this lol