Temporary Wage Subsidy - PD27

September 16, 2020

10% Temporary Wage Subsidy

As part of the Canadian Federal Government’s COVID-19 impact relief, a wage subsidy program was put in place for wages paid between March 18th and June 19, 2020. The 10% Temporary Wage Subsidy for Employers (TWS) allowed employers to reduce the amount of payroll deductions that they needed to remit to the Canada Revenue Agency (CRA).

All employers who took advantage of TWS are required to submit a TWS Self-Identification Form (PD27). This form will provide CRA with the information needed to reconcile the subsidy on employers’ payroll program (RP) accounts and avoid discrepancies at the end of the year. This form is available on CRA’s website (canada.ca) by searching for PD27 and can be submitted online, by mail, or fax. Employers are also welcome to contact Givens LLP and we would be happy to assist with completing the form.

If Givens LLP manages your payroll for your business, we will complete your PD27 on your behalf.