{"id":3708,"date":"2020-02-04T16:03:06","date_gmt":"2020-02-04T21:03:06","guid":{"rendered":"https:\/\/rpigroup.ca\/blog\/?p=3708"},"modified":"2020-02-18T10:29:10","modified_gmt":"2020-02-18T15:29:10","slug":"the-guide-to-navigating-your-pharmacy-healthcare-work-t4-from-rpi-consulting-group-inc","status":"publish","type":"post","link":"https:\/\/rpigroup.ca\/blog\/blog\/the-guide-to-navigating-your-pharmacy-healthcare-work-t4-from-rpi-consulting-group-inc\/","title":{"rendered":"The Guide to Navigating Your Pharmacy\/Healthcare Work T4 from RPI Consulting Group Inc."},"content":{"rendered":"

Around February 20th of this year, when you receive last year’s T4, you will need to take note of a few different pieces of information.<\/span><\/h3>\n

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The Layout of this Key Tax Document<\/span><\/h4>\n

In the top left corner of your T4 statement paper, you will see our recruiting agency’s name (RPI Consulting Group Inc). At the top of the slip will be the tax year that the document is for (2019 in this case). Below our recruiting agency name will be your social insurance number (box 12). Just below that will be your full name and address. This is all here to confirm that the T4 is indeed yours.<\/span><\/p>\n

What you then need to draw your attention to is box 14. Usually, this is where most people look to see how much they earned from an employer. However, we are not a standard employer; we are a staffing\/recruitment agency. Box 14 will just have “0” inside. This is not a mistake!<\/span><\/p>\n

Instead, your total earnings for the last year with RPI Consulting Group Inc. will be shown in another box, box 81<\/strong>. Box 81 is for what the Canada Revenue Agency classifies as “agency workers.” On your return slip, this total earnings amount will appear on line 300.<\/span><\/p>\n

What About Source Deductions and Income Tax?<\/span><\/h4>\n

Deductions that we have made for CPP and EI from your earnings will be shown below box 14, however. Box 15 is for Canada Pension Plan deductions and box 24 is for EI insurable earnings deductions. We have dealt with these deductions for you.<\/span><\/p>\n

However, it is very<\/em> important that you put aside a portion of your own earnings to pay for income tax<\/strong>. From the very beginning of your work with RPI Consulting Group Inc, as a worker, you are required to calculate and put aside money to pay the CRA from all of your earnings as an independent contractor. This includes your pharmacy\/healthcare work for us.<\/span><\/p>\n

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When Can You Expect to See Your T4 from RPI Consulting Group Inc?<\/a><\/p><\/blockquote>\n