Feeling like there are not enough hours in the day this time of year? We know how busy year-end is for small business owners. We’re excited to announce a number of improvements to the year-end filing process.
Our designers and developers have been working overtime to streamline T4 filing. See how easy it’ll be to file your T4s below:
This two-step process is simpler than ever. Once your employees have verified that their T4s are correct you can upload the XML file to the CRA (Canada Revenue Agency) site in a matter of minutes.
Not familiar with the year-end filing process? No worries, we’ve created a handy guide to help walk you through the process.
Still seem like a lot of paperwork? We’re also going to be making employees’ T4s available on their personal Wave account. This feature will be available by mid-January. Just make sure you’ve invited your employees to Wave from your payroll account. (They can also check their paystubs in this personal account!)
If you have any questions about this or anything else, please reach out to our Customer Support Heroes for help!
Your Payroll Customer and Product Expert
The information and tips we’re sharing in this article are meant to be a starting point for your year-end tax prep, so you can be informed and feel confident when working with your accountant. Be sure to check with a tax expert in your country or region for any specific advice you need, as each business (and tax district) is different. As our lawyers would say: “This article is for informational purposes only. It should not be considered legal or financial advice.”