Summary
This guide outlines the key tax reporting deadlines for employers in Canada for the year 2025. Employers are required to complete and file the T4 Summary and Supplementary reporting forms by February 28, 2025, if they have paid salaries, commissions, or benefits during the previous year. It is noted that retiring allowances must be reported on T4s, with specific reporting for amounts eligible for transfer to a Registered Retirement Savings Plan (RRSP). Additionally, employers must file the Ontario Employers' Health Tax Annual Return by February 28, 2025, and are generally exempt from this tax on the first $1 million of Ontario payroll. Other deadlines include the filing of Ontario Workers' Compensation Returns and the T5 Summary for interest or dividends paid, both due by March 14, 2025, and February 28, 2025, respectively. The document also mentions requirements for trusts and non-resident payments, emphasizing the need for professional advice before acting on the information provided.
