Accelerated remitter

There are two groups of accelerated remitters (called threshold 1 and threshold 2).

Threshold 1

This group consists of employers, including those with associated corporations and multiple payroll program accounts, who had a total average monthly withholding amount (AMWA) of $25,000 to $99,999.99 two calendar years ago.

We have to receive your deductions by the following dates:

• For remuneration paid in the first 15 days of the month, remittance are due by the 25th day of the same month.
• For remuneration paid from the 16th day to the end month, remittance are due by the 10th day of the following month.

Threshold 2

This group consists of employers, including those with associated corporations and multiple payroll program accounts, who had a total average monthly withholding amount (AMWA) of $100,000 or more two calendar years ago.

Amounts you deduct from remuneration you pay any time during the month must be received by your Canadian financial institution no later than the third working day (not counting Saturdays, Sundays, or public holidays) after the end of the following periods:

• from the 1st through the 7th day of the month;
• from the 8th through the 14th day of the month;
• from the 15th through the 21st day of the month;
• from the 22nd through the last day of the month.

Large employers with an AMWA of $100,000 or more have to pay their remittances at a financial institution. All payments that we receive at least one full day before the due date will be considered as having been made at a financial institution, so no penalty will be charged.

Payments made on the due date but not at a financial institution may be charged a penalty of 3% of the amount due.

All payments made after the due date may be charged a penalty calculated at graduated rates.

Threshold 1 and Threshold 2 accelerated remitters are considered to be monthly accelerated remitters if they have a payroll frequency of only once a month.

Date modified:

2016-01-26