On November 19, 2024, the Canada Revenue Agency (the CRA) released an updated version of the RC4120 Employers’ Guide - Filing the T4 Slip and Summary. This essential guide serves as a comprehensive resource for employers, providing detailed instructions on accurately completing and filing T4 slips for their employees.
Employers are encouraged to review the revised guide thoroughly to stay informed of any changes that may impact their T4 reporting process. The updated RC4120 guide is available on the CRA website for easy access.