The TD1 Federal for 2020 says the personal amount is 13,229 but if you update employee claims in Sage it shows 12,298.
Could someone please explain why?
The TD1 Federal for 2020 says the personal amount is 13,229 but if you update employee claims in Sage it shows 12,298.
Could someone please explain why?
In December 2019 when the Sage programmers were working on the new payroll tables, the announcement was made to change the basic claims but it was not the law until later in the month or early January. The CRA didn't have it included in the PDOC until around Jan 15/20.
hank you. Will it be changed in the next release?
Only the programmers know. I am not a Sage employee so I don't have that kind of information.
However, if you are considering waiting until then to make the change for your employees, I would just make the appropriate changes now.
*Community Hub is the new name for Sage City