The controller, Alona Ambrose, has received a notice from the Canada Revenue Agency (CRA) advising...

Question

The controller, Alona Ambrose, has received a notice from the Canada Revenue Agency (CRA) advising that the organization will be changing from an Accelerated threshold 1 remitter to an Accelerated threshold 2 remitter effective with the first pay of the new year. Pat has asked you to provide an explanation of why this change has occurred.
In addition, she wants to understand how this will impact our statutory remittance schedule. Using the Current Year calendar in the course material, provide specifics of when the remittances are due for our January and February bi-weekly payrolls starting with our first pay date of the new year which is Friday January 5th.

David · Accepted Answer

The controller, Alona Ambrose, has received a notice from the Canada Revenue Agency 
(CRA) advising that the organization will be changing from an Accelerated threshold 1 
remitter to an Accelerated threshold 2 remitter effective with the first pay of the new year. Pat 
has asked you to provide an explanation of why this change has occurred. 
In addition, she wants to understand how this will impact our statutory remittance schedule.

The controller, Alona Ambrose, has received a notice from the Canada Revenue Agency (CRA) advising that the organization will be changing from an Accelerated threshold 1 remitter to an Accelerated...

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment