Question

what form will an employer receive if their remittance for the financing of the commission des normes du travail is lower than what revenu quebec has calculated?

Answer 1

According to your payment frequency, Revenu Québec will send you one or more remittance slips to make your periodic CNESST insurance premium payments in 2019. The period covered by the declaration and the payment due date are indicated on the remittance slips. You must enter the amount of the periodic payment of your insurance premium in the box labelled “CNESST” on your remittance slips. Revenu Québec will then provide us with the information declared in that box as well as your payments. When you complete the remittance slip enclosed with the payment form, make sure that you break down the amounts in each box on the remittance slip. Depending on whether or not you are required to remit source deductions and employer contributions to Revenu Québec, the remittance slip will differ as follows: • Payment of source deductions and employer contributions (with the box labelled “CNESST”); • CNESST payment (with the box labelled “CNESST” only: form TPZ-1015.R.14.5).

Difference in Payment

Penalty for insufficient instalments A penalty is prescribed for insufficient instalments where the total payments declared in the year are less than the amount of payments expected. In order to limit discrepancy when the Statement of wages is processed, you must use the last periodic payment rate that was provided to you to calculate the payment amounts. Instalments may be insufficient in the following circumstances: • upon receipt of your yearly Statement of wages; • upon receipt of the Statement of wages produced upon the permanent departure of your last worker; • further to an audit. The calculation of the penalty is presented in the Schedule – Periodic payments. This schedule is included with the Statement of account and the Assessment notice. Calculation of penalty for insufficient instalments based on information provided in the Statement of wages Payments declared $207,273.55 Payments expected (Insurable wages declared/$100.00) x periodic payment rate ($35,356,636.00/$100.00) × $0.62 $219,211.14 Difference $11,937.59 Penalty for insufficient instalments $11,937.59 × 15% $1,790.64 Furthermore, at any time in the year, the cumulative amount of payments made for the year must be sufficient. Otherwise, you could be charged a penalty of up to 15% of the difference between the insufficient instalment or instalments declared and the amount or amounts that should have been declared.