Basic Personal Amounts not updated for 2019

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Hi There,

I just realized that I did not update the Basic Personal amounts for any our existing employees. I'm not completely clear on the purpose of entering in those amounts. Does Sage refrain from deducting any tax until the basic amounts have been earned?

I have since made the update, but I'm not sure if/how this effected their tax deductions up to this point. If the tax deductions have been effected...how would I go about determining what the amount should be, and then correct it in Sage?

Please help! :/

Amy

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  • 0 in reply to Erzsi_I

    Hi Erzsi,

    Thank you for your reply. We do have Sage payroll and I am familiar with how to enter the claim amounts.

    I needed more background knowledge of what claim amounts were used for (I know "how to enter" payroll in SAGE, but am still learning the fundamentals). I looked at your suggested blog on how to use CRA payroll tax calculators and went on the CRA website to gather more info on manual calculations and am gaining more understanding.

    Thank you for your help and suggestions.

    Amy