May 29, 2025
Now that tax season is officially over, it’s a great time to review your TD1 forms (Federal and Provincial). These forms determine how much tax is deducted from your pay — and keeping them up to date helps you avoid any surprises next tax season!
✅ Why review your TD1 forms?
- Ensure the correct amount of tax is being deducted
- Reflect any recent life changes (e.g., new dependents, second job, etc.)
- Avoid owing money or overpaying at tax time
🎥 Learn more with these short CRA videos:
- What are TD1 forms? https://www.canada.ca/en/revenue-agency/news/cra-multimedia-library/individuals-video-gallery/learn-taxes-part-one.html
- How to complete them https://www.canada.ca/en/revenue-agency/news/cra-multimedia-library/individuals-video-gallery/learn-taxes-part-two.html
📄 Need to update your forms or want more info?
👉 Click here to obtain more information about the TD1 Form.
Payroll Team