Understanding Your T4 Slip: A Canadian Employee’s Guide to Taxes

A step-by-step guide showing how Canadian employees can file their tax return using a T4 slip, including key sections, deduction boxes, and tips for accurate filing.

If you’re an employee in Canada, you’re likely familiar with the T4 slip, formally known as the Statement of Remuneration Paid. This document is essential for understanding your earnings and tax deductions from January 1 to December 31 of the previous year. In this guide, we’ll break down the T4 slip, understand your paycheck, and […]