Statement of Remittance Reporting
We have automated Statement of Remittance reporting to help you simplify your tax reporting!
Throughout each tax year, ADP Canada remits statutory deductions on behalf of clients who have authorized us to do so. Previously, reports related to these remittances were only available upon client request. Now, ADP Canada offers automated Statement of Remittance Reports for fast and easy service.
Important Statement of Remittance Reports features:
The Reports display tax details by remittance date, provide subtotals for the amounts remitted for each corresponding business number (CRA , Revenu Québec, EHT, etc.), followed by a grand total at the end of the Report.
The Statement of Remittance Reports contain information relating to remittances made with respect to the following:
- Canada Revenue Agency (CRA).
- Revenu Québec.
- La Commission de la Santé et de la Sécurité du travail du Québec (CSST).
- Ontario Ministry of Finance, Employer Health Tax (EHT).
- Nova Scotia - WCB
- Newfoundland and Labrador Health Tax – HAPSET
- Manitoba Health Tax – HAPSET
- Work Safe BC
- Non-Resident Tax.
- North West Territories – Payroll Tax
- Nunavut-Payroll Tax
Statement of Remittance Reports can help you simplify the often complicated tasks of verifying, reconciling and balancing your tax accounts, as well as complete required annual summaries.
Recommendations:
- Review and reconcile your payroll source deductions on a regular basis for a smooth tax season.
- In accordance with Canada Revenue Agency record retention requirements1, keep your Statement of Remittance Reports for six years from the end of the last tax year they relate.
ADP Canada would be pleased to provide you with your Statement of Remittance Reports automatically on an annual basis. Please contact an ADP Canada Sales Associate to order your automatic Statement of Remittance Reports today.
1 Source: Canada Revenue Agency, Guide RC4409, Keeping Records (RC4409 - Keeping records)