CRA Remittance Deadlines You Can't Miss
A breakdown of source deduction remittance schedules and what happens if you miss one.
Regular vs accelerated remitters
Your remittance frequency depends on your average monthly withholding amount — smaller employers remit monthly, larger ones more frequently.
Penalties for late remittances
The CRA charges penalties starting at 3% and climbing to 10% for repeated late remittances, plus daily interest.
Staying ahead of the schedule
Setting calendar reminders — or letting a payroll specialist manage the schedule — removes the risk entirely.
Staying on schedule protects your business's standing with the CRA and avoids unnecessary costs.