JENNIFER HALEY, CPA
Hi there, I'm Jennifer Haley, CPA. I'm here to help business owners get a handle on their finances so they can get back to doing the things they love.
Back to Blog
As we all know, 2020 was a year we will all never forget and brought along a lot of changes for everyone!
Well now CRA has made changes to the T4 slip that are required to be applied by ALL employers to assist CRA validate payments under the Canada Emergency Wage Subsidy (CEWS), Canada Emergency Response Benefit (CERB), Canada Emergency Student Benefit (CESB).
For the tax year 2020, in additional to the normal boxes, you must complete the following codes for each employee:
For more information, visit CRA's bulletin!