Glossary of fiscal terms used in Canada
There are 140 entries in this glossary.Term | Definition |
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Statement of remuneration paid (T4 slip) |
Information slip that shows the income that an employer pays to an employee. Taxable allowances and benefits, such as payments made on the employee's behalf to a provincial health care plan, are included as income. A T4 slip also shows how much the employer deducted for income tax, CPP or QPP contributions, employment insurancepremiums, and contributions to the employer's pension plan. |