Chapter 8: Payroll Remittances and Year-End Reporting
8.1 Overview
This chapter focuses on two important aspects of payroll management: payroll remittances and year-end reporting. These topics are essential for maintaining compliance with payroll regulations, ensuring accurate financial reporting, and fulfilling your obligations as an employer.
Specific Learning Outcomes
Upon successful completion of this chapter, you will be able to
- Identify payroll payees, employer remitter types, and corresponding remittance methods and schedules
- Identify payroll-related year-end reporting requirements, including the T4 and T4 summary
- List payroll year-end practices to update the payroll register
- Identify when to check for legislative and rate changes
