Payment on Filing will take effect as of January 2020 for the 2019 reporting year.

What is PoF?

This new policy will allow eligible employers to remit a reconciliation payment by the last day of February without being subject to a penalty or interest. This policy has a new eligibility criteria and new remittance voucher.

Eligibility criteria

Employers are eligible to use PoF if they meet all 3 of the following requirements:

1. If the reconciliation payment is less than 1% of their total annual remittances.
2. They have perfect payroll compliance:
   • No late or outstanding remittances;
   • No assessments in the year they are filing; and
   • All T4 information filed on or before the due date.
3. They must have one or more of the following circumstances:
   • Have employees who are paid stock-based salaries or wages.
   • 3^rd party information they rely on for insurance, health benefits, broker information, taxable benefits and/or automobile fleet mileage.
   • Employees who live in other tax jurisdictions.

Submit a PoF reconciliation payment

You can make your payments through the following methods:

• My Business Account (MyBA): Use pre-authorized debit and select “Payment on Filing”.
• My Payment: Select “Payment on Filing”.
• By cheque: Attach a cheque to your T4 summary and mail it to us. The CRA will honor the date the mail is received by CRA and not the postmarked date by Canada Post.
• Pay at a financial institution or Canada Post outlet: Contact the Business Enquiries at 1-800-959-5525 to request a PD7R. Please note that the PD7R will take 7-10 days to arrive by mail.

Locate your compliance history

You can locate your compliance history from one or all of the options below:

• MyBA: View your account balance and activities.
• Form PD7A, Statement of Account for Current Source Deductions for regular and quarterly remitters: View your account summary.
• Form PD7A(TM), Statement of Account for Current Source Deductions for accelerated remitters: View your account summary.
• Contact the Business Enquiries line: Request a full statement of account by mail (7-10 business days).

More information

Frequently asked questions – Payment on Filing