Standard Canadian Report - T4 Company Summary_CA

Overview

Updated 11/17/2021

Report Description
Parameters
Report Fields

Report Description

A T4, akin to an American W2, provides employee tax information. The T4 Company Summary_CA offers a summary-level look at the tax associated with a supplier's employees.

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Parameters

Parameter Name	Options	Explanation
Supplier Name	All suppliers available within a Company
Year ID	4-digit year i.e. 2017	A single year for which the tax information is displayed. A range of years is not allowed.

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Report Fields

Field Name	Explanation
Year	The year ending will be that of the calendar year for which the employer is filing the return.
Employer’s account number (15 characters)	Employer’s account number which is of 15 characters.
Name and address of employer	Employer’s name and address
Line 14 Employment income	Total of box 14 from all T4 slips.
Line 16 Employee’s CPP contributions	Total of box 16 from all T4 slips.
Line 18 Employee’s EI premiums	Total of box 18 from all T4 slips.
Line 19 Employer’s EI premiums	Employer's share of EI premiums (the employees' total premiums multiplied by the employer's premium rate).
Line 20 Registered pension plan (RPP) contributions	Total of box 20 from all T4 slips.
Line 22 Income tax deducted	Total of box 22 from all T4 slips.
Line 27  Employer’s CPP contributions	Employer's share of CPP contributions.
Line 52 Pension adjustment	Total of box 52 from all T4 slips.
Lines 74 and 75 - Canadian-controlled private corporations or unincorporated employers	The social insurance numbers of any proprietors or principal owners.
Lines 76 and 78 - Person to contact about this return	The name and telephone number of a contact person that can be called to get or clarify information reported on the T4 Summary.
Line 80 Total deductions reported	Total of the amounts reported on lines 16, 27, 18, 19, and 22 of the summary.
Line 82 Minus: remittances	Enter the amount remitted for the year under the Business Number. Note: A remittance that was due on January 15 of the current year (for deductions made in December of the previous year) is considered late when paid with the previous year's information return (T4, T4A), and this return is filed after January 15.
Difference	Line 82 will be subtracted from line 80 and the difference entered in the space provided. If there is no difference between the total deductions reported and the amount remitted for the year, lines 84 and 86 will remain blank. Generally, there is no charge or refund if there is a difference of $2 or less.
Line 84 Overpayment	If the amount on line 82 is more than the amount on line 80, the difference will be entered on line 84. Attach a note indicating the reason for the overpayment and whether this amount should be transferred to another account or another year, or to refund the overpayment.
Line 86 Balance due	If the amount on line 80 is more than the amount on line 82, the difference will be entered on line 86.
Amount enclosed	If a balance due, enclose a cheque or money order with the T4 Summary payable to the Receiver General for the balance owing. If you remit your payment late, any balance owing may be subject to penalties and interest at the prescribed rate.
Line 88 - Total number of T4 slips filed	The total number of T4 slips that are included with the T4 Summary.

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