The RL1 slip is the Québec equivalent of the T4 slip. Employers are required to fill out a T4 slip (statement of remuneration paid) to report payments to employees during the year, including the following:
- Ìý
•ÌýÌýÌýÌý all taxable remuneration
- Ìý
•ÌýÌýÌýÌý taxable benefits or allowances
- Ìý
•ÌýÌýÌýÌý retiring allowances
- Ìý
•ÌýÌýÌýÌý deductions withheld during the year
- Ìý
•ÌýÌýÌýÌý pension adjustment (PA) amounts for employees who accrued a benefit for the year under a registered pension plan (RPP) or deferred profit sharing plan (DPSP)
All amounts for the T4 must be reported in Canadian Dollars. Foreign currency should be converted using the average exchange rates published by the Bank of Canada and linked to the CRA.
T4
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Web page updated on 17 Mar 2025 15:40