Remuneration Paid as an Employer or a Payer
Employer
You pay remuneration as an employer if you pay:
- a salary or wages to an employee
- a retiring allowance
- a death benefit to the heirs of a deceased employee
Payer
You pay remuneration as a payer if you pay a beneficiary:
- a retirement benefit (for example, from a registered pension plan [RPP])
- an annuity (for example, from a registered retirement savings plan [RRSP], a registered retirement income fund [RRIF] or a deferred profit-sharing plan [DPSP])
- an amount under a profit-sharing plan, an employee benefit plan or an employee trust
- an amount under a retirement compensation arrangement
- a single payment from an RRSP or an RPP
- wage loss replacement benefits under a wage loss replacement plan to which an employer contributed
Note
End of note
Note
If you pay remuneration to a beneficiary who is also your employee, you are considered to have acted as a payer.