Alrighty! So as promised, I asked around in search of the two questions: “How do you interpret deductions remittal dates?” and “Is vacation pay mandatory?“
The answer to interpreting deduction remittal dates, I pretty much realized was a silly question. For new or regular remitters, your deductions should be in the hands of the cra on or before the 15th day of the month AFTER the month you made them (confusing sentence but I swear I got it from a government site). That means, that if the next 15th is May 15th, you should be submitting your April 01 to April 15 and April 15 to April 30 pay periods (If you work with biweekly pay periods starting at the beginning and middle of each month). You are also able to apply for different periods such as quarterly or accelerated. For those who pay out a lot of salary, they usually opt for the accelerated option.
Is vacation pay mandatory? After much much interrogation of just about everyone I knew, I resorted to calling the CRA at 1 800-959-5525. However, their line is pretty much busy 100% of the time. A better place to call with friendly service is the Employment Standards Board or ESB at 1 800-663-3316. They offer 24 hour service on all sorts of questions. So what was the answer? It is YES. Even if you are employing a part-time working, vacation pay is absolutely necessary and should start to accrue after 5 days of employment. So there you go! Thanks to my helpful friend Elaine at ESB, that is the information I pass on to you. Happy payrolling!
