PR125 - Ontario Employee Wages for EHT
** Form purpose
Use Ontario Employee Wages for EHT (PR125) to report the gross wages plus
taxable benefits to calculate the Ontario Employer Health Tax (EHT). PR125
reports and calculates gross payroll wages totals for a prior date range.
** Prerequisites
You must have deductions set up for Ontario Income Tax and Ontario EHT. The
Ontario Income Tax deduction must be calculated for payments during the date
range you select on this form.
If no Ontario Income Tax deductions were calculated within the date range,
PR125 cannot report the gross wages used to calculate the Ontario EHT
deduction.
** Process at a glance
1. Define deductions for Ontario income tax and Ontario EHT on Deduction
(PR05.1).
2. Assign the deductions on Canada Employee Taxes (PR13.5) or using required
deductions.
3. Run PR125.
4. Run Earnings and Deductions Calculation (PR140).
5. Run remainder of payroll cycle programs.
** Decision/Impact
The Payroll application uses the wages associated with the Ontario income tax
deduction to calculate the Ontario EHT deduction. When you run PR125, Payroll
populates Ontario EHT Wages (PR05.4) with the gross wages and the effective
dates for the Ontario EHT deduction.
** More help
Employers usually run this report for the prior month, but you can select any
date range.
Updated Files
CKPOINT -
PRONWAGES -
Referenced Files
DEDCODE -
PAYDEDUCTN -
PAYMASTR -
PRSYSTEM -
PRTAXAUTH -
|
