Payroll year end: the slips you issue
Every slip a small employer fills in each February, who gets which one, and the ones people forget until the deadline.
An employer running payroll for a handful of people, or paying contractors, who fills in the same slips for the same people every year.
Employment income
One slip per employee, for everything you paid them and everything you withheld. This is the repeat: the same fields, the same people, every year.
Pension, fees and other amounts
The slip for what does not fit employment income: retiring allowances, self-employed commissions, certain fees for services.
Payments to subcontractors
If your business is primarily construction, payments to subcontractors are reported on their own statement rather than on an employment slip.
Investment income and payments abroad
Dividends or interest paid by the corporation, and any amount paid to somebody who is not a resident of Canada.
Worth knowing
Which slip somebody gets is decided by what you paid them, not by what you call them. The same person can receive two different slips from you in the same year.
These are the forms most worth filling from a description rather than by hand, because you fill the same shape for every person on the list and nothing about the layout changes between them.
Fill in the copy you have
Already downloaded it? Bring that file and we'll fill it in. It works the same for a form nobody publishes: a benefits enrolment, an employer's payroll form, anything with boxes in it.