mirror of
https://github.com/alexandrebobkov/CanadianPayroll.git
synced 2025-10-03 12:57:48 +00:00
82 lines
3.1 KiB
ReStructuredText
82 lines
3.1 KiB
ReStructuredText
##################################
|
|
PAYROLL COMPLIANCE
|
|
##################################
|
|
|
|
The Canada Revenue Agency
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
The Canada Revenue Agency (CRA) is a federal government agency that manages the
|
|
following business lines for the federal government: Tax Services and Benefit Programs.
|
|
The Tax Services business line assists over 25 million individuals, businesses, trusts, and
|
|
organizations to meet their obligations under the tax system. Each year, the CRA collects
|
|
approximately $324 billion in gross taxes and excise duties on behalf of the federal and
|
|
provincial governments - the equivalent of about $1.2 billion every working day. The CRA's
|
|
mission is to promote compliance with Canada's tax legislation and regulations through
|
|
communication, quality service, and responsible enforcement, thereby contributing to the
|
|
economic and social well-being of Canadians.
|
|
|
|
From this mission comes the CRA's mandate to:
|
|
|
|
- collect revenues and administer tax laws for the federal government and for most provinces and territories
|
|
|
|
- deliver various social and economic benefit incentive programs to Canadians
|
|
|
|
The CRA tracks the success of the first part of its mandate by measuring compliance in the following areas:
|
|
|
|
- **Filing:** the CRA's goal is to have over 90% of individual and corporate income tax and registered business' goods and services tax/harmonized sales tax (GST/HST) returns filed on time.
|
|
|
|
- **Registration:** the CRA measures its success in this area by ensuring that the majority of all known businesses are registered for various programs including corporate income tax, GST/HST, payroll deductions, and import/export accounts.
|
|
|
|
- **Remittance:** the CRA's goal is to have over 90% of individual and corporate tax filers pay their taxes on time.
|
|
|
|
- **Reporting:** the CRA measures reporting compliance through the information it receives on tax documents, for example, the T4 and T4A information slips.
|
|
|
|
The CRA's program responsibilities that are specifically related to payroll include the administration of:
|
|
|
|
- the Canada Pension Plan (CPP) (shared responsibility with Employment and Social Development Canada and Service Canada)
|
|
|
|
- Employment Insurance (EI) (shared responsibility with Employment and Social Development Canada and Service Canada)
|
|
|
|
- Income Tax
|
|
|
|
Canada Pension Plan (CPP)
|
|
--------------------------
|
|
|
|
Employment Insurance (EI)
|
|
--------------------------
|
|
|
|
Income Tax
|
|
----------
|
|
|
|
Non-Compliance Penalties
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
Employment and Social Development Canada (ESDC)
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
Service Canada
|
|
~~~~~~~~~~~~~~~~~
|
|
|
|
Social Insurance Number (SIN)
|
|
------------------------------
|
|
|
|
Statistics Canada
|
|
~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
Personal Privacy
|
|
~~~~~~~~~~~~~~~~~
|
|
|
|
The Privacy Principles
|
|
-----------------------
|
|
|
|
The Personal Information Protection and Electronic Documents Act (PIPEDA)
|
|
--------------------------------------------------------------------------
|
|
|
|
Pension Benefits Standards Act
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
Canadian Human Rights Act
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~~
|
|
|
|
Employment Equity Act
|
|
~~~~~~~~~~~~~~~~~~~~~~~~~~ |