Canadian employers: start preparing your 2026 T4 and T4A slips now. The ordinary filing deadline is the last day of February; because February 28, 2027 is Sunday, CRA accepts returns received or postmarked by Monday, March 1, 2027 as on time. Plan recipient copies before the end of February.
Reconcile year-to-date payroll and deductions; verify employee names, addresses and SINs securely; review contractor payments. Fees for services totalling more than $500 annually generally belong in T4A box 048, excluding GST/HST and PST. Exceptions apply, including construction subcontractors (T5018), certain government payments, and nonresident services. More than five slips of the same type must be filed electronically. Late-filing and wrong-method penalties may apply; late-filing minimum is $100. CRA's separate box 048 noncompletion penalty policy is not a universal penalty rule.
General information, not tax advice. Individual circumstances and special deadlines may differ. BOMCAS Canada can help with year-end payroll and tax-slip preparation.
https://bomcas.ca
https://www.bomcas.com/services/tax
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