Canada will require employers filing at least six information returns to file electronically starting in 2024, the Canada Revenue Agency said Aug. 16.
The threshold decreases from requiring employers filing at least 51 forms to file electronically, the CRA said in a news release. The changes were made to the Income Tax Act and Income Tax Regulations by the Budget Implementation Act 2023, No. 1, which received assent June 22.
The regulations contain a list of all the forms subject to the e-filing threshold. They include T4 slips, Statement of Remuneration Paid; T4A slips, Statement of Pension, Retirement, ...