When your business is active on Wave’s payroll direct deposit feature, your business will automatically be active for tax remittances to the CRA. Learn how to apply for payroll direct deposit.
You can access tax forms with an active payroll subscription. Once accessed, you must file them outside of Wave. To see which tax forms are available, read tax forms in Wave.
How remittances are made on your behalf
Reinstate tax remittances with Wave
How remittances are made on your behalf
Each time you approve a payroll in Wave, the applicable taxes for that pay period are calculated for your employees.
If you pay your employees using direct deposit, Wave withdraws the tax amounts at the same time as employee wages, and the money is held in trust until the CRA tax due date.
If you are active on Wave’s direct deposit feature and pay your employees by cheque, the funds for tax remittances will be withdrawn three days before the selected payday. Employee wages must still be paid outside of Wave.
If you receive a payroll tax notice from the government, Wave’s payroll specialists can help. If there is a financial penalty, pay the penalty and any interest accrued immediately. Then, open Mave, Wave’s automated chatbot, and request a Support Agent. You will need to provide screenshots of all pages of the notice.
End tax remittances with Wave
You can choose to handle your tax remittances outside of Wave directly with the CRA. Ending tax remittances with Wave will stop all future tax payments.
To stop your tax service with Wave, open Mave, Wave’s automated chatbot, and request a Support Agent. Learn how to get support with Wave.
Learn how to view and track your payroll tax liabilities and payments.
To determine your CRA tax due dates, read Payroll tax remittance due dates.
For assistance with making tax payments, see the CRA article on payroll deductions and remittances.
Reinstate tax remittances with Wave
If you have previously ended tax remittances with Wave, you can reinstate this service at any time. All tax payments due for payrolls that took place while inactive on Wave’s tax service will need to be paid outside of Wave with the CRA directly.
To reinstate your tax service with Wave, open Mave, Wave’s automated chatbot, and request a Support Agent. Mave will help collect any relevant details and direct you to the appropriate support. Learn how to get support with Wave.