What does T4 and slip preparation cost

Priced per slip, so a small payroll is not quoted like a large one

T4 or T4A preparation starts at $100 plus $25 for each additional employee. A T5 is from $150 per slip, a T5018 for subcontractor payments from $150 per slip, and a record of employment from $50.

Slips carry their own deadlines, separate from the corporate year end and separate from payroll remittances. For T4, T4A, T5 and T5018 slips the CRA charges a flat $100 when 1 to 5 are late and a daily amount above that, which is why a business with many employees should not leave them to February.

Which slip applies

How the work begins

1. 1

   Step 1: Headcount and types

   How many people, and what kind of payment each received.

2. 2

   Step 2: Priced per slip

   Confirmed before preparation begins.

3. 3

   Step 3: Filed on time

   Prepared from records kept through the year rather than reconstructed.

How much does T4 preparation cost?

At HBT Accounting T4 or T4A preparation starts at $100 plus $25 for each additional employee. A T5 is from $150 per slip, a T5018 from $150 per slip and a record of employment from $50. All amounts are starting prices plus GST or HST where it applies. A late filing penalty is a flat $100 for 1 to 5 slips and a daily amount above that, so volume matters for timing as well as cost.