Our company usually report fees paid to external consultants on a T4A. We claim the expense and it is the responsibility of the consultant to report the income.
[h=1]When to fill out a T4A slip[/h]Fill out a T4A slip if you are a
payer, such as an employer, a trustee, an estate executor (or liquidator), an administrator, or a corporate director, and you pay any of the following types of income:
- pension or superannuation;
- lump-sum payments;
- self-employed commissions;
- annuities;
- patronage allocations;
- registered education savings plan (RESP) accumulated income payments;
- RESP educational assistance payments;
- fees or other amounts for services; or
- other income such as research grants, payments from a Registered disability savings plan (RDSP); wage-loss replacement plan payments if you were not required to withhold Canada Pension Plan (CPP) contributions and employment insurance (EI) premiums, death benefits, or certain benefits paid to partnerships or shareholders.