- PD24 - Application for a Refund of Overdeducted CPP Contributions or EI Premiums
EI overpayment
If, during a year, you overdeducted EI premiums from your employee (for example, the maximum amount of insurable earnings was exceeded, or the employee was not employed in insurable employment), reimburse the employee the amount deducted in error and adjust your payroll records in the same year the overpayment was made to reflect the reduced deduction. This will result in a credit on your payroll program account equal to the employee and employer portion of the overdeduction. You may reduce a future remittance in the same calendar year by that amount.
Do not include the reimbursed amount on the T4 slip. If you cannot refund the overpayment, show the total EI premiums deducted and the correct insurable earnings on the employee's T4 slip.
If you reported the employee's overpayment on the T4 slip, you can ask us for a refund by filling out Form PD24, Application for a Refund of Overdeducted CPP Contributions or EI Premiums. Make your request no later than three years from the end of the year in which the overpayment occurred.
CPP overpayment
If, during a year, you have overdeducted CPP contributions from your employee's remuneration (for example, the maximum amount of pensionable earnings was reached, or the employee was not employed in pensionable employment), you should reimburse the employee the amount deducted in error and adjust your payroll records to reflect the reduced deduction. This will result in a credit on your CRA payroll program account equal to the employee and employer part of the overdeduction. You may then reduce a future remittance in the same calendar year.
Do not include the reimbursed amount on the T4 slip.
If you cannot reimburse the overpayment, show the total CPP contributions deducted and the correct pensionable earnings on the employee's T4 slip.
If you reported the employee's overpayment on the T4 slip, you can ask for a refund by filling out Form PD24, Application for a Refund of Overdeducted CPP Contributions or EI Premiums.
Make your request no later than four years from the end of the year in which the overpayment occurred.