How to Handle Union Dues on T4s for Canadian Unions | Union.dev - Union.dev Insights & Updates
02Feb

How to Handle Union Dues on T4s for Canadian Unions

02 Feb, 2023 | Return|

How to Handle Union Dues on T4s for Canadian Unions

If you pay union dues in Canada, the Canada Revenue Agency (CRA) allows you to deduct certain union fees on your tax return.

If your members pay their own union dues and the employer withholds the dues from their pay, that information should be detailed on their pay stubs. At the end of the year, they should note the amount of dues they paid in box 44 of their T4 slips.

This seems fairly straightforward, but it can get confusing or overwhelming when employers are not remitting the proper information to the union, or your union does not have a proper method of tracking the amount of dues on behalf of each member for their T4. 

Whether your signatory companies are remitting your members dues on their behalf, or the members are paying dues themselves, they are entitled to a taxable benefit at the end of the year if properly submitted.

The best way to ensure members get every hard earned dollar back in tax season is to make sure you track their union dues effectively. Getting a modern member management system like Union OS is crucial not only to tracking and collecting dues. but in generating T4s for those members every year. Union OS not only lets members pay dues online and tracks employer remittances, but it also lets you instantly generate T4s for your members at the end of the year!

If you are a union member looking to get your dues recorded on your tax return, reach out to your local union representative and ask them how Union OS and Union.dev can help!

 

Related

How a Modern Member Portal Improves Member Service and Elevates the Union Experience

How a Modern Member Portal Improves Member Service and Elevates the Union Experience

Discover how a modern union member portal transforms the member experience. From online dues and gri...

Read More >
Low Code Vs. Traditional Code Software - What is Right for You?

Low Code Vs. Traditional Code Software - What is Right for You?

The biggest question we see when selecting a new vendor for union management or benefits administrat...

Read More >
Before Unions Can Use Data, They Need Somewhere to Put It

Before Unions Can Use Data, They Need Somewhere to Put It

The locals and funds that move now will shape the standards of the future. They will negotiate with ...

Read More >
How to Serve Union Members Better

How to Serve Union Members Better

Unions have been around for centuries, and in that time they have helped to bring about some of the ...

Read More >
How to Simplify DB Pension Administration for Your TPA

How to Simplify DB Pension Administration for Your TPA

This blog post explains how TPAs can simplify defined benefit pension administration — whether mana...

Read More >
Help Desk Definition

Help Desk Definition

A help desk is a piece of software used by a central support team within the union, providing suppor...

Read More >

union software and benefits administration by union.dev