Obligation to declare the temporary wage subsidy (10%)
Madam,
Dear Sir
This bulletin is a reminder that the self-identification form for the temporary wage subsidy (TWS), i.e. the 10% wage subsidy, has been available since August. You can fill it out directly in "my company file" or fill it out in PDF format.
Forms filled out in PDF format must be printed and sent to the CRA by mail or fax to the national audit and collection centres. The form in PDF format and the contact details for sending the form are available at the following link: www.canada.ca/fr/agence-revenu/services/subvention/subvention-salariale-temporaire/sst-rapport.html.
In addition, contrary to what was announced in August, all eligible employers must send this form to the Canada Revenue Agency, including eligible employers who have chosen a 0% subsidy rate. Eligible employers who do not complete the $0 STT form will be deemed to have received the full 10% SST. The Canada Revenue Agency indicates that the eligible employer's SSUC would be reduced by the full amount of OHS that the employer would be deemed to have received. Therefore, if you are an employer eligible for OHS and have applied for the SSUC, it is mandatory for you to complete the OHS self-identification form, even if your OHS amount is $0.
Don't hesitate to contact one of Mallette's tax specialists or partners in your region among our 30 offices for more information: mallette.ca/join-us