Canadian Payroll Reporter

June 2017

Focuses on issues of importance to payroll professionals across Canada. It contains news, case studies, profiles and tracks payroll-related legislation to help employers comply with all the rules and regulations governing their organizations.

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Payroll Reporter Can R Can R adian adian a www.payroll-reporter.com June 2017 Seeking success? You may want to upskill Certifi cation, skills, networking play important roles in payroll career success: Hays survey BY SHEILA BRAWN PAYROLL PROFESSIONALS who want to advance their careers need to focus on increasing their qualifications, broadening their range of skills, and networking. These are among the findings from a new payroll salary survey. The Hays 2017 Payroll Salary Guide looks at re- cruitment, retention, salary and workplace trends in the profession. The annual guide includes the results of a survey of more than 1,500 payroll professionals in Canada, including members of the Canadian Pay- roll Association (CPA) and Hays' clients. It found that even though the payroll job market is expected, on average, to be better than it has been over the last two years, most payroll teams say they will not be hiring extensively this year. Although 58 per cent of payroll professionals surveyed think their see ROUNDUP page 7 PM #40065782 Legislative Roundup Changes in payroll laws and regulations from across Canada see DETAILS page 6 Credit: ASDF_MEDIA/Shutterstock Taking the stress out of vacations Vacation pay errors can lead to extra work for staff , fi nes for companies BY SHEILA BRAWN WITH SUMMER almost here, many employees will be taking vaca- tions over the coming weeks — if they have not already started. While vacation time can be relaxing for employees, paying them for the time off can cause headaches for payroll departments if not done correctly. Not only will employees complain if they do not think they were paid enough or on time, but vacation pay errors could lead to extra work for payroll staff or even employment stan- dards fines or penalties. Employment standards rules for vacation may seem straightfor- ward at first glance. Employees earn a minimum amount of vacation Canada Feds table budget legislation The federal government recently put forward legislation to imple- ment measures proposed in this year's budget, including allow- ing employers to issue T4s electronically as a standard method of delivery. Bill C-44, the Budget Implementation Act, 2017, No. 1, which the government tabled on April 11, would amend the Income Tax Act and its regulations to allow employers to distribute T4s elec- tronically to employees without first obtaining their consent. To do so, employers would have to meet Canada Revenue Agency criteria, including providing a secure portal and site for employees to access and print T4s and giving employees the see CHANGES page 2 News in Brief pg. 4 No payroll-related tax rate changes in Ontario budget | Yukon sets up panel to help shape future budgets| Feds still addressing Phoenix issues Ask an expert pg. 5 Calculating C/QPP deductions on vacation pay | Vacation rules for commission-based employees | Taxable benefi ts and vacation pay Income tax at 100 pg. 3 There was a time when only the federal government levied income tax. The role the provinces play in the process has changed over the past century

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