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Accelerated payroll deductions

November 10

|Recurring Event (See all)
Monthly on the same day

Treshhold 1

If your total average monthly withholding amount (AMWA) two calendar years ago was $15,000 to $49,999.99, you have to remit amounts you deduct or withhold by the following dates:

  • for remuneration paid in the first 15 days of the month, by the 25th day of the same month
  • for remuneration paid from the 16th to the end of the month, by the 10th day of the following month

Threshhold 2

If your average monthly withholding amount (AMWA) two calendar years ago was $50,000 or more, you have to remit amounts you deduct or withhold any time during the month by the third working day (not counting Saturdays, Sundays or statutory holidays) after the end of the following periods:

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

You can make your payments at your Canadian financial institution or any tax centre.

Associated corporations

If a corporation is associated with one or more corporations in the current year, and the total average monthly withholding amount two calendar years ago was $15,000 or more, CRA considers all the associated corporations to be accelerated remitters.