OTTAWA,
ON, June 28, 2024 /CNW/ - What is changing
starting January 2025
- T619 electronic transmittal: There will be an
update to the T619 Electronic Transmittal record which will affect
all information returns filed electronically. You need to include
the updated T619, Electronic Submittal record to create your
complete submission. For more details, please refer to File
information returns electronically (tax slips and summaries) - Get
ready to file - Canada.ca
- Submitting one information return type per
file: Submissions will only allow a single information
return type to be filed within the same file; a combination of
multiple return types will no longer be accepted. (i.e.: a T4A
return cannot be filed with a T4 return).
- Early system shutdown notification, 2024: The
yearly systems shutdown will take effect earlier than usual in
December 2024. We are sending this
now to prepare you to file all your information returns prior to
the shutdown. For more details please refer to File information
returns electronically (tax slips and summaries) - How to file -
Canada.ca
Reminder about electronic filing thresholds
As of January 2024, businesses
filing six or more information returns (slips and summaries) must
file electronically to avoid penalties. Examples of information
returns include the T4 (remuneration paid), T5 (investment income),
T3 (trust income) and T4A (pension and other income). For more
information visit File information returns electronically (tax
slips and summaries) - Get ready to file - Canada.ca.
How to file electronically
The CRA offers many digital services, such as secure portals
like My Business Account, mobile apps, and additional services for
businesses to easily manage their tax affairs.
If you have a web access code, here are some options:
- Web Forms: An application that is ideal for smaller returns, up
to 100 slips.
- Internet file transfer (XML): An application to use payroll,
commercial, or in-house developed software, to submit an XML file
of up to 150 MB over the Internet.
If you do not have a web access code, the following can be
used:
- My Business Account: A secure portal that allows business
owners (including partners, directors, and officers) access to
their GST/HST, payroll, corporation income taxes, excise taxes,
excise duties, and other levies accounts online
- Represent a Client: A secure portal that allows representatives
to access tax information on behalf of individuals and businesses,
including their employer
Reminder: As you make any kind of changes to your
business, you might have questions and need information and
guidance from the CRA. We can help. The Resources for Small and
Medium businesses web page provides direct access to tax-related
services and information for businesses. The Liaison Officer
service is also available to small business owners and
self-employed individuals who need help understanding their tax
obligations.
Contacts
Media Relations
Canada Revenue Agency
613-948-8366
cra-arc.media@cra-arc.gc.ca
Stay connected
- Follow the CRA on Facebook
- Follow the CRA on Twitter @CanRevAgency
- Follow the CRA on LinkedIn
- Follow the CRA on Instagram
- Subscribe to a CRA electronic mailing list
- Add our RSS feeds to your feed reader
- Watch our tax-related videos on YouTube
- Listen to our Taxology podcast
SOURCE Canada Revenue Agency