Please note:
- This subsidy has a limit of $25,000 per employer.
For more information on the 10% Temporary Wage Subsidy for Employers, please see the CRA website (FAQ). - This document covers the 10% Temporary Wage Subsidy Program.
For information on reporting for the 75% Emergency Wage Subsidy, please refer to this Help Centre article.
A Vendor Remittance Setup is available to calculate the remittances reduced by the temporary wage subsidy.
This only applies if you paid remuneration for 19 or more employees. If you are processing payroll for less than 19 employees and plan to take advantage of the Temporary Wage Subsidy, please contact Care@Avanti.ca.
For more information on the 10% Temporary Wage Subsidy for Employers, please see the CRA website (FAQ) .
If you are eligible for both wage the 10% and 75% subsidies, or are not sure which you are eligible for, please see the CRA website (Emergency Wage Subsidy). Per the version of that page posted April 1st, you may claim both, however, a claim of the 10% Temporary Wage Subsidy will be counted against the amount that you can claim under the 75% Emergency Wage Subsidy
A vendor remittance will need to be set up for each business number that qualifies for the maximum temporary wage subsidy. You will need to use this remittance for the remainder of 2020 instead of the Receiver General.
If you are tracking remittances, all payments to date should be inserted into the Vouchers on this Vendor Remittance.
Once the vendor remittance is setup, the following columns will be visible in addition to the standard Vendor Remittance columns on the Vendor Remittance:
- Tax (Before Subsidy)
- Subsidy Carried Fwd
- Subsidy Available
- Total Subsidy Avail
- Subsidy Used
- Unused Subsidy
- Tax (Less Subsidy)
To set up the Vendor Remittance, the following steps will need to be completed:
- Import the Vendor Remittance Setup
- Review the Dates
- Filter by Business Number
Import the Vendor Remittance Setup
The following import files for the vendor remittance are available for each of the remittance thresholds at the bottom of this article:
Quarterly: RemitterForm-WageSubsidy-Quarterly.xml
Regular: RemitterForm-WageSubsidy-Regular.xml
Accelerated Threshold 1: RemitterForm-WageSubsidy-Threshold1.xml
Accelerated Threshold 2: RemitterForm-WageSubsidy-Threshold2.xml
Once you have downloaded the vendor remittance setups required for the remittance type, please select File >> Import in Vendor Remittance Setup.
By default, Vendor Remittance Setup can be found in Canadian Payroll >> Installation & Maintenance >> Vendor Remittance Setup.
Navigate to the file location and select the .xml file. Select Open.
Enter the Remitter and the Remitter Description.
Once imported, the Vendor Remittance Setup will appear similar to the following:
Review the Dates
Once the vendor remittance setup is imported, select Year 2020 on the Dates tab. Confirm that each Start Date, End Date, and Due Date is correct for the Remitter Type.
Congratulations. If you only have one business number, the Vendor Remittance is now set up.
If you have multiple business numbers, please proceed to Add the Pay Groups for the Business Numbers.
Add the Pay Groups for the Business Numbers
If you have multiple business numbers, you must add a business number filter to the Vendor Remittance. On the Filtering tab of the Vendor Remittance Setup, change the Pay Group Selection to Selected.
Select the header for Business Number to sort the pay groups by business number, then select all the pay groups with the same business number
The Vendor Remittance is now set up for this business number.
If you have another business number that qualifies for the maximum temporary wage subsidy without a new vendor remittance setup, please complete these steps again to import another vendor remittance setup.