Filing the T5018 information return

When to file

The T5018 information return is due on or before the date that is six months after the end of the reporting period you have chosen.

You can report payments on a calendar-year basis, or based on your fiscal year end. Once you choose a reporting period, subsequent returns must be filed for the same reporting year unless otherwise authorized in writing by the CRA.

If your business stops operating, you must file the information return within 30 days of the date your business ends.

Failure to comply

If you fail to file a T5018 information return, the penalty for each failure is $25 a day, with a minimum penalty of $100 up to a maximum of $2,500.

Late filing penalty

If you fail to file a T5018 information return by the due date, we may assess a late filing penalty. For the complete penalty structure, see Penalty for failure to file an information return by the due date.

Where to file

If you file more than 50 T5018 slips for a calendar year you must file the return over the Internet. For more information about filing electronically, see Filing Information Returns Electronically (T4/T5 and other types of returns).

If you file on paper, send your completed information return to:

Date modified:

2016-12-15