Accounting Tax Services | Bookkeeping Solutions Toronto

Tag: T-slips

Late T4 Penalty

21 January, 2008 (12:33) | Corporate Tax, Small Business Tax | By: Cecilia Leung

I cannot stress enough that the deadline of T4 (and all other slips) is last day of Feburary.   But, just in case you are late, here is the penalty you will need to pay: Penalty of each T4 slip failure to file is $25 a day, with a minimum penalty of $100 and a maximum of [...]