We're here to help make Year-End as simple and seamless as possible. Check off every little detail so you can feel confident in your year-end prep.
We'll walk you through everything, including:
- Guidance on how to review and adjust records
- How to file T4s and RL1s
- Understanding the Canadian tax administration process
- Checking your remittance frequency
- Assigning dental benefits codes
- Balancing & reconciling T4s & RL-1s
- Preparing for 2025
- and more!
What you'll learn
The 2024 Year-End Guide & Checklist
Available in
days
days
after you enroll
Step 1 - Prepare for Year-End
Available in
days
days
after you enroll
- Step 1 - Overview
- Part 1 - Review Important Dates
- Part 2 - Schedule a Year-End Meeting with Stakeholders (IT, HR, Finance)
- Part 3 - Update your Payroll Tax Remittance Frequency
- Part 4 - Confirm all Taxable Benefits, Deductions, and Income Types are Setup Correctly
- Part 5 - Add an Income Paid to Employees Outside of Humi in 2024 to the Year-End Adjuster
Step 2 - Review Taxable Benefits
Available in
days
days
after you enroll
Step 3 - Balance & Reconcile
Available in
days
days
after you enroll
- Step 3 - Overview
- Download the Flowchart
- Part 1 - Add Dental Benefits Codes
- Part 2 - Run the PIER Analysis Report
- Part 3 - Run the T4 & RL-1 Preview Reports
- Part 4 - Use the Tax Form Preview PDFs
- Part 5 - Use the Year-End Adjustment Tool
- Part 6 - Remit Outstanding CPP, QPP, EI, QPIP, and Income Tax Statutory Deductions
Step 4 - Create, Review, and Finalize T4s
Available in
days
days
after you enroll
- Important T4 Deadlines and Helpful Information
- Part 1 - Generate Your T4s in Humi
- Part 2 - Review T4s & Confirm Manual Box Information
- Part 3 - Finalize and Submit T4s in Humi
- Part 3b - File Tax Slips and Summaries with the CRA
- Part 4 - Download the Tax package from Humi
- Part 5 - Send T4s to Employees
Step 5 - Create, Review, and Finalize RL-1s
Available in
days
days
after you enroll
- Important RL-1 Deadlines and Helpful Information
- Part 1 - Generate Your RL-1s in Humi
- Part 2 - Review RL-1s & Confirm All Information
- Part 3 - Finalize and Submit RL-1s in Humi
- Part 3b - File Tax Slips and Summaries with RQ
- Part 4 - Download the Tax package from Humi
- Part 5 - Send RL-1s to Employees
- Part 6 - File your RL-1 Summary with RQ
Step 6 - Set Up for the New Payroll Year
Available in
days
days
after you enroll
- Step 6 - Overview
- Part 1 - Review Carry-Forwards Balances (if applicable)
- Part 2 - Remind Employees to Update Their Federal and Provincial/Territorial Tax Credits on the TD1 or TP-1015.3 if required
- Part 3 - Add TD1 and TP-1015.3 Additional Tax Credits to Humi
- Part 4 - Review Employees who are set to CPP/QPP or EI/QPIP Exempt
- Part 5 - Update your Workers' Compensation Rates (WCB / WSIB / CNESST) for 2025 (if applicable)
- Additional Steps to Success
