The January 2019 Payroll Tax Updates for Sage BusinessVision 2017 and Sage BusinessVision 2018/2019 are now available for download. If you are running a version of Sage BusinessVision earlier than version 2017, you must upgrade to the latest version to install this update.
Please note, upon installation of this update you will be prompted for a password. You will be receiving an email with the password, if you need the password immediately please email us at EmailSupport.BV@sage.com along with your Sage account ID.
If you have questions regarding the status of your Payroll Update Plan, please contact Sage Customer Care at 866.725-0724, option 1. If you require assistance with installing the update, please reach out to your Sage Business Partner or if you have a current Support Plan - contact Sage Customer Support:
Year-end FAQ: FAQ
Chat: Live Tech Support Chat
Sage City: Sage BusinessVision Community
T4 and T4 Summary formsAll necessary changes to T4 and T4 Summary forms are included in this update.
RL-1 formsThe Sage BusinessVision January 2019 payroll tax update does not include the ability to print form RL-1 to paper, but instead includes an RL-1 worksheet that Quebec employers can use to complete RL-1 forms for their employees via the Clic Revenu service. See http://www.revenuquebec.ca for details.
How to Download
You must log into the Knowledge Base to download the updates.
How to update your payroll tables
Although the update does not affect your data files, we strongly suggest that you make a back-up copy of your data files regularly and before any updates for your protection. Network users should ensure they are the only users on the system when performing this update or while making back-ups.
You can verify that the Sage BusinessVision Payroll Update has been implemented by reading the tax table date available in System Info. From the “Help” menu, choose “About Sage BusinessVision” and then click on the “System Info” button. The “Tables” date should be “Jan 2019”.
Note: This update must be performed on all workstations running Sage BusinessVision.
How to perform your payroll year endThe Payroll Update should be installed before performing a Payroll Year End.
Changes reflected in the January 2019 Payroll Update
The January 2019 tax update contains modifications to payroll tax tables and calculations that are used by Sage BusinessVision. These modifications reflect the income tax changes announced by the Canada Revenue Agency (CRA) that are effective January 1, 2019.
To find out more about all the tax changes, or to obtain any updated TD1 forms for January 2019, please contact your tax consultant or government tax offices. You can also visit the CRA Web site. http://www.cra-arc.gc.ca
Note regarding basic personal amounts for employees in Nova Scotia: Beginning with the 2018 taxation year, the basic personal amount will increase by $3,000 from $8,481 to $11,481. The full $3,000 increase will be available to individuals who have taxable income of $25,000 or less. The $3,000 increase will be reduced by 6% of taxable income that is more than $25,000. Individuals who have taxable income of $75,000 or more will not receive any increase. Please be sure to review TD1 amounts for employees in Nova Scotia after performing step 3 as listed above in “How to perform your payroll year end”.
Frequently Asked Questions Regarding Payroll
Q. When should I install my Payroll Update?
A. Before your first payroll run in January 2019, even though you may be paying employees for time worked in December 2018.
Q. What should I do if I didn't get the update installed before the first pay period in January 2019?
A. Install the update before the second pay period in January or as soon as possible. Take no other action – any discrepancies will be straightened out when your employees file their 2019 tax return.
Q. I sometimes notice differences between the taxes calculated by Sage BusinessVision and the taxes I calculate using the manual tax tables. Why is this, and which figure is correct?
A. The Sage BusinessVision calculations are correct because they use exact formulas outlined in the tax laws, and published in CRA Publication T4127 109th edition. Manual tables estimate tax deductions for a salary range, while the Sage BusinessVision formulas work with fractions of a cent. Also, manual tables ignore certain provincial allowances and deductions.