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Attention business owners! Starting with tax year 2024, T4 slips must report any second additional Canada Pension Plan contributions (CPP2). CPP2 contributions started in 2024. ✅ Record CPP2 contributions in Box 16A. ✅ If no CPP2 contributions have been deducted, leave Box16A blank. For more information: https://ow.ly/hy4V50V61q5 {Image description: A GIF of Kermit the Frog drawing a box.] | Canada Revenue Agency
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