Taxable Benefits Statement HR
Taxable Benefits Statement
[Your Name]
123 Main Street
Toronto, Ontario
M1M 1M1
Employee Social Insurance Number (SIN): XXX-XXX-XXX
Taxable Benefits Statement - T4 Slip
Year: [Year]
|
Employee's Department/Division |
Production |
|
Employee's Job Title |
Production Supervisor |
|
Employee's Payroll Number |
7890123 |
|
[Box 14 - Employment Income] |
$52,500.00 |
|
This box represents your total employment income for the year, including salary, wages, and any other compensation. |
|
|
[Box 22 - Income Tax Deducted] |
$9,500.00 |
|
This box shows the total income tax deducted from your income during the year. |
|
|
[Box 24 - Pension Plan (CPP) Contributions] |
$2,500.00 |
|
This box displays the total CPP contributions deducted from your income. |
|
|
[Box 18 - Union Dues] |
$350.00 |
|
This box indicates the total union dues deducted from your pay. |
|
|
[Box 26 - Employment Insurance (EI) Premiums] |
$400.00 |
|
This box shows the total EI premiums deducted from your income. |
|
|
[Box 32 - Other Information] |
|
|
Company Vehicle Benefit |
$2,000.00 |
|
(Value of the company vehicle provided for your use.) |
|
|
Stock Option Benefit |
$3,500.00 |
|
(Value of stock options exercised during the year.) |
|
|
Meal Allowance |
$1,200.00 |
|
(Value of meal allowances provided.) |
|
|
[Box 38 - Employment Insurance (EI) Insurable Earnings] |
$52,500.00 |
|
This box shows your insurable earnings for EI purposes. |
|
|
[Box 52 - CPP Pensionable Earnings] |
$52,500.00 |
|
This box displays your pensionable earnings for CPP purposes. |
|
This statement is for your tax reporting and record-keeping purposes. Keep it in a secure place, and use the information provided when filing your income tax return with the CRA.
[Your Name]
[Month Day, Year]
