Most employers currently have to remit their payroll deductions each month.
Quarterly remitting will give small employers the option of remitting these source deductions once every three months. Employers do not have to apply for the option. In the fall of 1997, Revenue Canada will notify eligible employers by mail that they have the option to remit quarterly and will provide more information on the quarterly remitting of payroll deductions. Quarters end March, June, September, and December with remittances due the 15th day of the month immediately following the end of each quarter. Employers should continue using the current Payroll Deductions Tables to determine CPP contributions.