How well do you know your SIN responsibilities?

Test yourself with a series of true and false statements

Payroll departments play an important role in the federal government’s social insurance number (SIN) program. By using the number when completing T4s and Records of Employment, payroll helps the government keep track of individuals’ source deductions and pensionable and insurable earnings for tax purposes and for receiving C/QPP and EI benefits.

A mistake in recording or maintaining SINs could lead to tax or benefit problems for individuals or fraud concerns for the government. How well do you know your SIN responsibilities? To find out, test yourself with these true or false statements.

To read the full story, login below.

Not a subscriber?

Start your subscription today!