What is a payroll account
A payroll account is an account number assigned to either an employer, a trustee or a payer of other amounts related to employment to identify themselves when dealing with the Canada Revenue Agency.
This 15-character payroll account number contains the nine-digit business number (BN). The BN is a unique federal government numbering system that identifies your business and the various accounts you maintain. The payroll account number consists of:
- Nine-digit BN
- Two-letter code for the type of program (for a payroll program, the letters are "RP")
- Four-digit reference number to identify each account in a program a business may have
Depending on the type of business you have, you may need to register other types of programs accounts or open a separate payroll account. The nine-digit business number will not change, but other letters or reference numbers will be added to the BN.
Example
A company requires a GST/HST and two payroll accounts. The account numbers would be:
| Account type | Account number |
|---|---|
| Business number (BN) | 12345 6789 |
| GST/HST account | 12345 6789 RT 0001 |
| Payroll account 1 | 12345 6789 RP 0001 |
| Payroll account 2 | 12345 6789 RP 0002 |
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