Remittance Schedules
Professional CRA compliant payroll remittance schedule management for Canadian businesses. Accurate CPP, EI, and income tax remittances on proper schedules.
Why Proper Remittance Schedules Matter
Following CRA compliant remittance schedules ensures your business avoids costly penalties and maintains good standing with tax authorities.
Determine Your Remittance Frequency
Our remittance schedules expertise helps your business determine the correct remitter type—monthly, quarterly, or accelerated remitter—based on your average monthly withholding amount (AMWA).
CRA assesses remitter status annually based on two years of withholding history. Our remittance schedules analysis ensures your business is classified correctly, avoiding over-remittance that ties up cash or under-remittance that risks penalties.
CRA Compliant Remittance Schedules by Type
Our remittance schedules management covers all CRA remitter types and requirements.
Quarterly Remitters
Small businesses with AMWA under $25,000 qualify as quarterly remitters. Our remittance schedules service handles quarterly filing requirements.
Quarterly remitters must remit by the 15th of the month following the end of each quarter. The remittance schedules for quarterly filers are April 15, July 15, October 15, and January 15. This CRA compliant schedule provides cash flow benefits for small businesses while maintaining compliance.
Regular Monthly Remitters
Most businesses with AMWA between $25,000 and $100,000 are regular monthly remitters. Our remittance schedules ensure timely monthly remittances.
Monthly remitters must remit by the 15th of each month for the previous month's payroll. The remittance schedules process tracks all monthly obligations, ensuring consistent, compliant payments and avoiding late penalties that accumulate at $10 per day.
Accelerated Remitters - Level 1
Businesses with AMWA between $100,000 and $500,000 are accelerated remitters level 1. Our remittance schedules handle semi-monthly remittance requirements.
Accelerated level 1 remitters must remit within three working days after the 15th and last day of each month. The remittance schedules tracking ensures these frequent deadlines are never missed, maintaining CRA compliant status despite the more demanding schedule.
Accelerated Remitters - Level 2
Large businesses with AMWA over $500,000 are accelerated remitters level 2. Our remittance schedules manage the most frequent remittance requirements.
Accelerated level 2 remitters must remit within three working days after each payday. The remittance schedules system handles this complex schedule automatically, ensuring every payroll period triggers timely, accurate remittances that maintain CRA compliant operations.
Benefits of Professional Remittance Schedules
Our CRA compliant remittance management delivers significant benefits for your business operations.
Avoid Penalties
Professional remittance schedules ensure on-time payment, avoiding CRA penalties for late payroll deductions remittance.
The remittance schedules process includes automated deadline tracking and reminders, ensuring your business never misses a remittance date. This CRA compliant approach prevents late payment penalties of $10 per day per remitter type, with minimum penalties of $100.
Cash Flow Management
Accurate remittance schedules provide predictable cash flow planning for your payroll deductions obligations.
Our CRA compliant systems provide visibility into upcoming remittance obligations and their amounts, helping you manage working capital effectively and avoid liquidity crises caused by unexpected remittance due dates.
Classification Accuracy
Our remittance schedules expertise ensures your business is classified in the correct remitter category based on actual withholding amounts.
The remittance schedules analysis monitors your AMWA and alerts you to potential remitter type changes. This proactive approach ensures you don't over-remittance (tying up cash unnecessarily) or under-remittance (risking penalties).
Audit Protection
Our remittance schedules management creates comprehensive audit trails that demonstrate CRA compliance during reviews.
Every remittance is documented with supporting payroll calculations and payment confirmations. The CRA compliant documentation provides clear evidence of compliance, making audits smoother and reducing likelihood of CRA adjustments or penalties.
Our Remittance Schedules Process
A systematic approach to CRA compliant payroll remittance management.
1. Assess Classification
We analyze your business's AMWA to determine the correct remitter type and remittance schedules for your operation.
2. Track Deductions
Our system tracks all payroll deductions (CPP, EI, income tax) in real-time for accurate remittance schedules preparation.
3. Remit on Schedule
We ensure timely remittances according to your CRA compliant schedule, with automated reminders and payment processing.
Ready for Professional Remittance Schedules?
Ensure your payroll remittances are accurate and CRA compliant. Contact us today.