Canadian Master Payroll Guide, 2nd Edition

Description:

• Payroll transactions are accurately reported and recorded
• Your organization meets all governing legislation and regulations
• Monies withheld from employees' pays are held in trust and remitted on the appropriate due dates
• Your organization is protected against payroll-related fraud
• Your organization maintains the confidentiality of the information flowing through the payroll department

• 2011 Rates and Figures:
  • Provincial Tax Rates
  • CPP/QPP Annual Maximums and Contribution Rates
  • EI Premiums and Premium Reduction
  • Workers' Compensation Maximum Insurance Earnings
  • Employer Taxes and Levies
  • Employer Pension Plans Contribution Limits
• Taxable Benefits:
  • Gifts and Awards
  • Wage Loss Replacement Plans
  • Employee Stock Options
• Employment Standards:
  • New and revised Prince Edward Island Employment Standards Legislation
  • New Organ Donor Leave for Manitoba and Quebec
  • New Citizenship Ceremony Leave for Manitoba
  • Minimum Wage rate changes for all provinces as appropriate
  • Record of Employment (ROE)
  • The Employer Guide to completing the Record of Employment has been revised and expanded.
• Year-End Reporting:
  • The new CRA and Revenu Québec electronic filing requirements have been incorporated.
• Reporting of Retiring Allowances
  • Changes in the reporting of eligible and non-eligible retiring allowances amounts, including those amounts paid to Status Indians, have been incorporated.
• T4A Redesign
  • Recent changes to the T4A slip have been identified and explained.