What is the threshold at which employers would be required to send in their remittance more often than monthly?
A) $10,000
B) $12,000
C) $15,000
D) $1,000

Question

Quizplus · Accepted Answer

According to Canadian government regulations, employers must remit deductions to the Canada Revenue Agency (CRA) on a monthly basis. However, if an employer's average monthly withholding amount exceeds $15,000, they may be required to remit deductions more frequently, such as twice a month or even weekly, depending on the circumstances.

What Is the Threshold at Which Employers Would Be Required