The Temporary Wage Subsidy (TWS) was a 3-month program that allowed eligible employers to reduce their source deduction payments to CRA.  It was based on remuneration paid from March 18 to June 19, 2020.  There was a maximum of $1,375 per eligible employee and a maximum of $25,000 per employer.

A new form (the PD27) has been released and is the TWS Self-Identification Form for Employers.  This will let the CRA know how much was claimed under the TWS to reconcile your payroll program (RP) account when your T4’s are filed.  All eligible employers must fill out this form if they participated in either the TWS or the CEWS subsidy programs.  If you did not participate in either program, then you do not need to submit the PD27 form.

Employers are encouraged to submit this form by the end of the year to avoid receiving a discrepancy notice.

A copy of the PD27 form can be found on the CRA website here.