PD7A — Statement of account for

current source deductions

Canada Revenue Agency 2016-08-03

A PD7A, Statement of account for current source deductions, was sent

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 to you because you have a business with employees, and you are
required to send in Canada Pension Plan (CPP) contributions,
Employment Insurance (EI) premiums, and income tax deductions to
the Canada Revenue Agency (CRA) on their behalf.

Sections of the PD7A explained

Remittance account balance

The remittance account balance is the total paid and unpaid assessed
amounts for the year indicated.

Account summary

The account summary is a record of all the transactions posted to your

account since your last statement. This part of the statement may
contain any of the following:

Remittance account balances

Arrears account balances
Explanation of changes and other important information

Remittance account balances

Remittance account balances is a year-to-date record of the amounts

you have sent in on behalf of your employees (remittances), and any
additional credits. Only the current year amounts are added together to
show you the current balance which also appears in the Remittance
account balance box on page 1.

Arrears account balances

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 Arrears account balances is a record of any money you owe as a result
of late or missing remittances. Do not use any remittance vouchers
attached to the PD7A to make a payment on this amount owing.
Instead, go to Make a payment to the Canada Revenue Agency to see
your payment options or use the source deductions arrears remittance
voucher (PD7D).

Explanation of changes and other important

information

The explanation of changes section of your statement provides a more

detailed written explanation of the changes or corrections made to your
account.

Nil remittance

Your PD7A may also include a Nil remittance form. This form is used to
notify the CRA that you will not have employees for a particular period
or that your account should be closed.

How to remit

Your PD7A includes different payment options. For more information on

how to make a payment, go to Make a payment to the Canada Revenue
Agency.

For more information about payroll, go to Payroll.

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