CDN FEDERAL TAXATION ELEMENTS
Element UsagePC Usage
FED TAX EARNS
Federal Taxable Regular Earnings Pay Components.
Regular Earnings to be taxed by the ‘Normal Method’.
5111
Pre-T4 Earnings–
Fed Tax
FED PERC EARNS
Federal Taxable Earnings Pay Components to
be taxed by the ‘Percentage Method’
5115
Pre-T4 Earnings–
Fed Tax%
FED SUPPL EARNS
Federal Taxable Regular Earnings Pay Components
to be taxed by the ‘Supplemental
Method’.
Supplemental earnings that are taxed by the
‘Bonus tax calculation’ of the normal tax
method.
These earnings will not be annualized in the tax
formula and are treated as one-time additional
earnings that are added to the estimated
annual income to calculate the additional tax.
Should include one-time overtime payments,
one-time bonus or retroactive Pay increase
amount in this element.
5112
Pre-T4 Earnings–
Suppl. Fed Tax
TAXABLE BENEFITS
Taxable Benefit Pay Components that need to
be taxed along with Regular (FED TAX
EARNS) and Supplemental (FED SUPPL
EARNS) Earnings.
5113
Taxable Benefit.
RPP EARNINGS
Any RRSP, Pension, etc. Pay Components.
Reduces amount of ‘T4 Earnings’ Pay Component
and is used to calculate the amount for the
‘T4 Tax’ Pay Component.
5116
RPP Total Contributions
ALIMONY-MAINT
Alimony or Maintenance payments Pay Components.
Reduces amount of ‘T4 Earnings’ Pay Component
and is used to calculate the amount for the
‘T4 Tax’ Pay Component.
5117
Alimony Total
Payments
UNION DUES
Union Dues Pay Components.
Reduces amount of ‘T4 Earnings’ Pay Component
and is used to calculate the amount for the
‘T4 Tax’ Pay Component
5118
Union Dues Total
Deductions
FED LUMP EARNS
Federal Taxable Earnings Pay Components to
be taxed by the ‘Lump Sum Method’
5114
Pre-T4A Earnings–
Lump Sum Tax
CPP EARNINGS
Canadian Pension Plan pensionable Earnings
Pay Components
5001
CPP Earnings
CPP HOURS
Canadian Pension Plan pensionable Hours Pay
Components. (Rarely used)
5002
CPP Hours
EI EARNINGS
Canadian Employment Insurance insurable
Earnings Pay Components
5021
EI Earnings
EI HOURS
Canadian Employment Insurance insurable
Time Pay Components.
5022
EI Hours
WCB EARNINGS
Workers’ Compensation insurable Earnings
Pay Components.
5081
WCB Earnings


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