SUBCONTRACTORS

• 15th of the month = Invoices may only have dates up to the 15th of the month
• 20th of the month = They have until the 20th of the month to submit an invoice.
• 15th of the next month = The invoice will be paid by the 15th of the following month

EMPLOYEE PAYROLL

PAYROLL ACCOUNT: 860133289RP0001

• 8th of each month = Payroll Cut-off
• 10th of each month = Submit Payroll
• 15th of each month = Payroll Deposited
• 23rd of each month = Payroll Cut-off
• 25th of each month = Submit Payroll
• 30th of each month = Payroll Deposited (Last day of the month)

TAXS & FEES

• 15th of each month = Source deductions
• August 31 = End of TAKT’s fiscal year
• 20 days after our quarters = WorkSafe BC (DUE: Sep 20, Dec 20, March 20, June 20)
• 30 days after our quarters = GST (DUE: Sep 30, Dec 30, March 30, June 30)