2020 CRA PIER Review & Temporary Wage Subsidy

In October 2021, many business owners received a Notice of Assessment for the tax year 2020.  The notice advised that the CRA processed the T4 return, and the total deductions reported disagree with the total remitted. The discrepancy might be due to the 10% Temporary Wage Subsidy (TWS).

If you took advantage of the 10% Temporary Wage Subsidy (TWS) to reduce your 2020 remittances and did not file a PD27 self-identification form, then you will need to do so.

When responding to the CRA’s notice, you will explain that you took advantage of the TWS and include the PD27 Self Identification. Please click this link on the CRA's Website for a copy of the form.


How Did We Do?


Powered by HelpDocs (opens in a new tab)