What's new for T4RSP and T4RIF information returns

Online services for businesses

You can now:

• authorize the CRA to withdraw an amount from your bank account on date(s) that you choose; and
• enrol for direct deposit, or update banking information.

To access our online services, go to:

• www.cra.gc.ca/mybusinessaccount, if you are a business owner; or
• www.cra.gc.ca/representatives, if you are an authorized representative or employee.

Online services for representatives

Representatives can now register for online mail on behalf of their business clients by going to www.cra.gc.ca/representatives.

Customized slips and summary forms

You no longer need to get CRA approval for most customized information slips and summaries. For more information, go to www.cra.gc.ca/customized or see Information Circular IC97-2, Customized Forms.

Limit on paper form orders

Since August 2015, we apply an order limit of 50 copies for many printed information returns. You can use the CRA’s Web Forms service online at www.cra.gc.ca/webforms to save, print and send your T4A slips and summaries electronically – for free!

Mandatory electronic filing

As of January 1, 2016, if you file more than 50 information returns for a calendar year, you have to file over the Internet. If you do not file your returns using Internet File Transfer or Web Forms, you may have to pay a penalty.
Use our free online filing application at www.cra.gc.ca/webforms or go to www.cra.gc.ca/iref to learn more about our electronic filing options.

For more information, see Mandatory electronic filing.

Date modified:

2016-10-24