Entrepreneurship & Small Business

Overremittance in payroll account

  • Last Updated:
  • Mar 7th, 2018 9:35 am
[OP]
Banned
Mar 16, 2017
49 posts
18 upvotes
Toronto

Overremittance in payroll account

I have over remitted throughout 2017 in my payroll account and resulted a credit balance of $90. CRA indicated that I must explain this difference.

This difference was entirely due to a calculation error. How should I explain this so CRA think it's not a problem?

thanks!
4 replies
Newbie
Mar 30, 2016
72 posts
45 upvotes
If it was just an error and you figured out how to correct it. Just tell them that, trying to lie or being vague wouldn't help.

I think admitting you made a mistake and you know how to prevent it next year will surely be enough.
No external links in signatures, please see the forum rules - Moderator.
Deal Fanatic
Jun 24, 2015
7824 posts
2616 upvotes
0 downvotes
I had the same issue and posted about it a few weeks ago, My over remittance was close to $400 bux, I never got asked to explain the difference but just got asked to fill in a PD4R or something.
Supermarket worker at Fortino's
I'm Not a Wise Guy but more of a Good Fella~!
Drive an Escalade
Deal Fanatic
Jun 24, 2015
7824 posts
2616 upvotes
0 downvotes
let me know if u want to get the money refunded or if you want to transfer it to your 2018 payroll account, I can help
Supermarket worker at Fortino's
I'm Not a Wise Guy but more of a Good Fella~!
Drive an Escalade

Top