Tax Slips
MESSAGE TO EMPLOYERS AND SUPPLIERS OF ACCOUNTING SOFTWARE
Starting with the 2023 tax year, the federal government is requiring employers to indicate in box 45 of the T4 slip whether an employee or a member of his or her family had access to dental insurance or any type of dental coverage as of December 31 of the tax year in question, due to current or previous employment.
For employees who recorded hours covered by Act R-20, here is how to proceed to meet this new requirement:
- Employers must fill out box 45 of the T4 slip, using code 1 for the 2023 and following tax years. This code indicates that the employee did not have access to dental insurance or dental coverage with the employer issuing the slip for the current tax year.
- Because the Commission de la construction du Québec (CCQ) is the organization responsible for administering the complementary social benefits plans for the construction industry, it will issue a slip that will adjust this information for the government, if applicable.
- Employees do not have to take any action.
If you have any questions concerning this new requirement, you can visit the Canada Revenue Agency’s website at canada.ca/t4-information-employers, or call them: 1 800 959‑7775.
As part of its fiscal obligations, the Commission de la construction du Québec (CCQ) sends workers and employers different slips for their income tax returns before the last day of February – except for the NR4 slip, which is sent on the last day of March.
The slips become available gradually during February on the online services. You can easily consult and print them.
The slips are also mailed out gradually before the last day of February. They are sent to the mailing address that was recorded in the file at the time the slips were produced. Please always make sure that your address is current.
In mid-March, if you have still not received your slips, you can always consult and print them by connecting to the online services. If you are not registered, why not register today . You can also contact us to obtain a duplicate.
Documents sent to workers
Insurance
The T4A (federal) is sent to workers who have been insured or have worked during the year. The value of the premium indicated corresponds to life insurance coverage.
The relevé 22 (provincial) is sent under the same conditions, except that it indicates only the taxable benefit related to health insurance and life insurance. The amount in box B determines the value of the taxable benefit related to health insurance only. In the provincial income tax return, this amount may be considered an allowable expenditure as a medical cost, giving the right to a tax credit for costs that exceed 3% of net income.
Even if the amounts given on the T4A and the relevé 22 are 0, it is very important to enter the amounts on your tax return, as this confirms that you did not receive a taxable benefit related to insurance.
Salary complaint
The T4 (federal) and the relevé 1 (provincial) are sent to employees who, during the taxation year, received taxable amounts following a claim or from the special compensation fund.
Retirement
The T4A (federal) and the relevé 2 (provincial) are sent to employees and surviving spouses when they received a monthly pension during the taxation year. These slips are also sent to all those who received a lump-sum retirement payment during the year. Those who transfer their lump-sum payment directly into an RRSP do not receive these slips.
Salary insurance
The T4A (federal) and the relevé 1 (provincial) are sent to employees who received salary insurance benefits during the taxation year.
Interest on vacations and statutory holidays
The T5 (federal) and the relevé 3 (provincial) are sent to employees if they have received more than $50 interest on vacations and statutory holidays.
Non-residents
The NR4 (federal) is sent to employees and surviving spouses whose place of residence was outside of Canada (non-residents) when they received a monthly pension or a lump-sum retirement payment during the taxation year. The NR4 is the only slip that must be sent later, by the end of March.
Registration fees
Finally, the Attestation de cotisation à un comité paritaire, a slip that is identical for both levels of government, is sent to employees when they have made a payment for one or more of the following items: qualification exam, competency certificate, security clearance, registration and confirmation of registration for the Cours de connaissance générale de l’industrie de la construction (CCGIC). If this amount was not reimbursed by the employer, it may be deducted from income or be eligible for a tax credit under union, professional, or other dues.
Document sent to employers
The Statement of Contributions to the Training Funds will be used by employers that must contribute to the Workforce Skills Development and Recognition Fund – that is, those with a total payroll of over $2 million, which must invest 1% of their payroll in training. This statement shows the total of contributions paid into the Training Fund for Employees in the Construction Industry via the monthly reports transmitted to the CCQ.
These contributions are deductible training expenditures under the Act to Promote Workforce Skills Development and Recognition.