Businesses in the Trucking Industry Need to File T4A’s by February 28, 2026

Businesses that pay for services, are required to issue a T4A slip reporting the payments made during the year in Box 048 – Fees for services, if the total payments in the calendar year are $500 or more.

An exception has been made for businesses in the construction industry where payments for goods or services rendered in the course of construction must be reported on a T5018 slip instead of a T4A.

The CRA’s policy has been to not assess penalties for the failure to file T4As where the reporting related to the payment of fees for service in Box 048. However, on December 4, 2025, the CRA announced that for 2025 and later calendar years it has changed this policy, and will assess penalties to businesses in the trucking industry that fail to report fees for services exceeding $500 paid to Canadian controlled private corporations in box 048 of the T4A slip. T4A slips for payment made in 2025 are due by February 28, 2026. The penalties for late-filing T4A slips ranges from a minimum of $100 to a maximum of $7,500 depending on the number of slips filed late.

Below are links to the CRA website providing further information:

Please contact your Manning Elliott advisor if you have any questions.