This will result in some additional provincial tax being withheld, although in most cases the amount will be very small. If you do not complete the provincial form, the University will use the basic personal tax credit in determining the tax withheld. If you do not complete both TD 1's, then the University is required to enter the basic personal tax credit amount. The new TD 1 forms were not finalised until December and were not made available to us until January 2001. The new tax screens on our Human Resources Information System will be available to business officers for update access the week of January 15 th .
Most employees only claim the basic personal tax credit for which no update is required.
Effective January 15 th , department Business Officers will be able to run a report to identify employees who need to complete the new TD 1. In early January we received a supply of the new TD1's, which we will make available to your department.