Law Business Essentials

If you already have a Business Number (BN), you only need to add a payroll account to your existing BN. If you do not have a BN, you will need to register for a BN and a payroll account. You can register by phone, mail, in person, or through the integrated Business Registration Online service. This convenient service lets you

• register a business for a BN and
  
• register for all the CRA programs including payroll deductions, GST and (if you are practising through a professional corporation) corporate income tax accounts.

You should register for your payroll account before the first remittance due date. In most cases the first remittance due date will be the 15th day of the month following the month in which you began withholding deductions from an employee's pay. For example:

If you do not open your account before the due date, you are still responsible to calculate the deductions and remit. There is a penalty for failure to deduct and remit amounts.