On September 27, 2023, the Canada Revenue Agency (CRA) published the form CPT30 Election to Stop Contributing to the Canada Pension Plan, or Revocation of a Prior Election.
As a result of the updates to Form CPT30, the following clarifications were made (changes displayed in bold font):
- Part C: Election & Certification – "If you fill out this part, do not fill out Part D" was changed to "If you fill out this part, do not fill out Part D. You cannot backdate this election.”
- Part D: Revocation & Certification – "If you fill out this part, do not fill out Part C" was changed to "If you fill out this part, do not fill out Part C. You cannot backdate this revocation."
- General Information – “You are responsible for sending an original completed copy of Form CPT30 to the CRA. Your employer will only receive a copy. If you agree to have your employer send the original to the CRA, the CRA will accept it" was changed to "However, if you agree to have your employer send the original to the CRA, it will be accepted. You will need to provide a copy to each of your employers."