Business number (BN) - Payroll account information

Registering for a payroll deductions account

Most employers, trustees, and administrators need a payroll deductions account.

Employers

You are an employer if you:

• pay a salary, wages (including advances), bonuses, vacation pay, or tips to your employees; or
• provide a benefit, such as board and lodging, to your employees.

• Trustees and administrators

  If you are a trustee or an administrator (e.g., of a registered retirement savings plan or a registered retirement income fund), you need a payroll deductions account to deduct and remit income tax. This applies if you:

  • administer, manage, distribute, wind up, control, or otherwise deal with the property, business, estate, or income of another person; and
  • authorize or cause a payment to be made for that other person who performs a function similar to that of a trustee.

  A trustee includes a liquidator, receiver, receiver-manager, trustee in bankruptcy, assignee, executor, administrator, sequestrator, or any other person who performs a function similar to that of a trustee.

  Part 1 Identification of business

  Indicate the name that the business will use during its operation as well as its physical location and mailing address. If applicable, enter an operating or trading name of the business and your choice of language of correspondence.

  Part 2 Major business activity

  Enter your major business activity and give as much detail as possible. You have to list the products you will sell and estimate the percentage of revenues each product represents.

  Part 3 General information

  Useful links:

  Federal:

  T4001 Employers' Guide - Payroll Deductions and Remittances