Canadian Payroll Reporter

Payroll Reporter R adian a www.payroll-reporter.com June 2015 June 2015 see LEGISLATIVE ROUNDUP on page 7 PM #40065782 Legislative Roundup Changes in payroll laws and regulations from across Canada News in Brief pg. 4 ROE Web formats discontinued | CRA to send PD7A form to employers on quarterly basis | Ontario sets up committee to study gender wage gap | Unemployment rate in April Ask an expert pg. 5 When does vacation pay have to be paid?|Records relating to vacation pay | Paying employees on jury duty Credit: Chris Wattie (Reuters) How well do you know your SIN responsibilities? pg. 3 Test yourself with our series of true and false statements see FOCUS page 2 Budgets propose mix of changes Budgets propose mix of changes No immediate source deductions changes announced in federal budget, but payroll No immediate source deductions changes announced in federal budget, but payroll departments in Newfoundland and Labrador have to prepare for new tax rates departments in Newfoundland and Labrador have to prepare for new tax rates BY SHEILA BRAWN FOR PAYROLL, this year's federal budget could be summed up by saying, "No changes to CPP contributions, EI premiums or feder- al income tax deductions this year." But that would not tell the full story. Although this year's budget, which Finance Minister Joe Oliver tabled on Apr. 21, did not contain any adjustments to source deduc- tion rates for 2015, it did include a number of payroll-related proposals. Beginning next year, the budget proposes to change the rules for source deduction re- mittances for new employers so they can send in remittances quarterly instead of monthly. To qualify, new employers must have month- ly withholdings of less than $1,000 and maintain a perfect compliance record with the Canada Revenue Agency (CRA). Remit- tances would be due on Apr. 15, Jul. 15, Oct. 15 and Jan. 15 of the following year. Currently, new employers have to send in remittances monthly for at least one year. Getting ready Getting ready to act on changes to act on changes From pensions to garnishments to labour From pensions to garnishments to labour standards, governments are looking standards, governments are looking at changes that could aff ect payroll at changes that could aff ect payroll BY SHEILA BRAWN FOR BUSY PAYROLL PROFESSIONALS, it can be challenging to stay up to date on current legislative developments. To help make it a little easier, here is an update on the status of some payroll-related legislative proposals from across Canada: Federal: Parliament is examining a private member's bill that would make Remembrance Day a statutory holiday across Canada. NDP MP Dan Harris tabled Bill C-597, An Act to amend the Holidays Act (Remembrance Day), last fall. Private members' bills rarely pass first see SEVERAL on page 6 Federal Feds table budget legislation The federal government has tabled legislation that would imple- ment payroll-related measures proposed in this year's budget. In early May, Finance Minister Joe Oliver presented Bill C-59, Economic Action Plan 2015 Act, No. 1, for first reading in the House of Commons. It would amend regulations under the Income Tax Act to create a quarterly remitter category for new employers whose average monthly withholding amount is less than $1,000 if they have a perfect compliance record with the Canada Revenue Agency over the previous 12 months. It would also amend the Income Tax Act to increase the annual Finance Minister Joe Oliver tabled this year's federal budget on April 21. While it does not include any adjustments to source deduction rates, it did include several payroll-related proposals.

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