Steps: Set Up Payroll Taxes (CAN)
Workday provides tax data and deductions for processing federal and provincial payroll taxes according to Canadian tax authorities. Enter the company and worker-specific tax data.
- (Optional) Set up Workday to calculate taxes for nonresident workers and retirees who are earning income amounts for specified services performed in Canada.
- Set up a pay component group to either exclude or include pay components for a tax authority.
- Add worker tax elections or enable workers to add their own tax elections.
You can use these reports and the web service when you outsource tax filing to a third party:
- Workers Compensation Summaryreport.
- Workers Compensation Summary by Companyreport.
- Provincial Employee Payroll Tax Summaryreport.
- Tax Remittance Summaryreport.
- Get Periodic Company CAN Tax Remittance Dataweb service. This web service doesn't support custom tax deductions.