When is an employer required to register a payroll sub-account under the Business Number?
A) After the first year of payroll is complete.
B) Prior to terminating an employee.
C) After the first sale is made.
D) Prior to a sale being made.
E) Prior to the first remittance of statutory deductions.

Question

Quizplus · Accepted Answer

Employers are required to register a payroll sub-account under the Business Number prior to the first remittance of statutory deductions. This ensures that they are in compliance with tax laws and can properly remit taxes withheld from employees' paychecks.

When Is an Employer Required to Register a Payroll Sub-Account