--00000000000086bbf706175f96b8 Content-Type: multipart/alternative; boundary="00000000000086bbf606175f96b7" --00000000000086bbf606175f96b7 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi George,Thank you for your email. Unfortunately I don't have access to the SJD accounting data for the years 2021,2022 and 2023. I have only 2023 information for one payment which I sent to you yesterday by email. Regards, Sam Naffaa, CMA 905.337.1288 *Please note my email has changed:* hcao.accounting@TheKey.com TheKey.com [image: TheKey] On Tue, Apr 30, 2024 at 5:07=E2=80=AFPM Singh, George = wrote: > Hi Sam, > > > > I have attached the 2021-2023 annual notices of assessments which indicat= e > the total payments made for the respective years and what the gross annua= l > remuneration amounts were. > > > > As a summary, the following payments had been issued: > > > > Year 2021 - *$33,115.09* and Taxable Total Ontario Remuneration posted > was $1,698,211 (being $2,698,211 less the $1,000,000 annual exemption). > > Year 2022 - *$48,929.13* and Taxable Total Ontario Remuneration posted > (annual notice of assessment dated August 1, 2023, shows estimated tax du= e > as only $6,150.54 when in fact it should be $99,822.65). > > Year 2023 - *$146,672.72* and Taxable Total Ontario Remuneration posted > was $4,708,616 (being $4,824,348 less the $115,732 annual exemption). > > > > The amount payable for the 2023 year based on the above should have been > $91,818.01 however the Ministry posted $146,672.72 to the 2023 year. > > > > Based on the annual return for the 2022 year (attached), the Taxable Tota= l > Ontario Remuneration posted should have been $5,119,110.47 with Total tax > payable being $99,822.65. The payments posted indicate $146,672.72 for t= he > 2023 year which leads me to believe that the 2022-year postings are not > accurate resulting in the approximate $46k credit on account. > > > > Sam, if you please provide a detailed summary from your G/L showing all > payments made by month for this account as I want to reconcile all period= s > to which the Ministry had posted. I will need to confirm whether the > Ministry had in fact posted the 2022 annual return and whether they > inadvertently applied the payment to the August 2023 period as shown in t= he > attached December 27th statement. It would be helpful to have copies of > all payments made so we can advise the Ministry of the error. > > > > Please let me know if you have any questions. > > > > > > > > Best Regards, > > *George Singh * > > Executive Director, Indirect Tax > > > > KPMG LLP > > 333 Bay Street, Suite 4600 > > Toronto, ON. M5H 2S5 > > P: (416)777-3900 > > F: (416)777-8226 > > : georgesingh@kpmg.ca > > > Please consider the environment before printing this e-mail > > > > *From:* Singh, George > *Sent:* Tuesday, April 30, 2024 8:07 AM > *To:* Sam Naffaa ; Cheryl Cartwright ccartwright@thekey.com> > *Cc:* Timothy Thomas ; germaine.daniels@thekey.com; Irin