Failure to remit and late remittances

The CRA can assess a penalty on the amount you failed to remit when:

• you deduct the amounts, but do not remit them; or
• the CRA receives the amounts you deducted after the due date.

When the due date is a Saturday, a Sunday, or a public holiday recognized by the CRA, it considers your remittance to be on time if the CRA receives it on the next business day.

The penalty for remitting late is:

• 3% if the amount is one to three days late;
• 5% if the amount is four or five days late;
• 7% if the amount is six or seven days late; and
• 10% if the amount is more than seven days late or if no amount is remitted.

If you are assessed this penalty more than once in a calendar year, the CRA may assess a 20% penalty to the second or later failures if they were made knowingly or under circumstances of gross negligence.

Related topics

• T4A-NR and NR4 information return
• Cancelling or waiving penalties and interest

Date modified:

2016-12-15