New payroll remittance rules for 2016
“Beginning in 2016, new employers are eligible for quarterly remitting if they have monthly withholding of less than $1,000 and maintain a perfect compliance record in respect of their Canadian tax obligations. This measure does not affect the amount of tax owing, just the timing of the payments.
“In addition, electronic records of employment (ROE) are being standardized and as of January 2016, Service Canada will no longer accept the:
” 27-Week Flat File
“53-Week Flat File
“53-Week XML File Version 1.0
“27-Week Online Form (Supporting Validation for 27-week Payroll Extract)”.
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