In this guide
What it is
Every year, CRA reviews T4 slips to check that the CPP and EI amounts calculated from each employee’s pensionable and insurable earnings match the CPP and EI reported on the slip. A PIER package tells you where they don’t.
What to check
Dates that matter
- Replying
- You have 30 calendar days from the initial PIER package to reply. You don’t need to reply if you agree and remit the exact amount shown by the deadline.
- If nothing happens
- If there is no reply or full payment, CRA issues a notice of assessment on day 45 and amended T4 slips by day 65.
What to keep
- The PIER package and your reply
- Payroll records for each employee flagged
- Proof of payment, or the corrected information you sent
In TaxDesk
TaxDesk recognizes a PIER review as a payroll notice and files it with the company. To track the reply, record it as a review matter with its response date, and Compliance Radar flags it as the date approaches.
Scope note. This page explains a CRA letter in general terms. It isn’t advice about your situation. Check the letter itself, and confirm the dates and your options with your accountant.
Primary reading
Official starting points used to develop and check this guide.
Continue the workflow
The next useful step
Put the guide into practice
Keep every CRA letter with the record it affects.
TaxDesk reads CRA notices, files them to the right company and year, and keeps them beside the filings and audit matters they relate to.