Construction industry (T5018)
If you are an individual, partnership, trust, or corporation involved in construction activities which provide your primary source of business income and you make payments to subcontractors for construction services, you must report amounts paid or credited (whether by cheque, cash, barter, or offset against an amount owing).
Construction activities relate to the erection, excavation, installation, alteration, modification, repair, improvement, demolition, destruction, dismantling, or removal of any part of a building, structure, surface or sub-surface construction.
If more than 50% of a business' income-earning activities are derived from construction, its primary activity is deemed to be construction. In many cases there are businesses which have significant amounts of construction done for them or by them, but this activity is not their principal business and they do not have to report under the Contract Payment Reporting System (CPRS).
- Information for payers (T5018)
Reporting when primary source of income is business income, completing and filing the T5018 slip, and examples of construction activities
- Information for recipients
- What does the CRA do with the information on the T5018?
Forms and publications
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