--0000000000007d48a2064d520e37 Content-Type: multipart/alternative; boundary="0000000000007d48a1064d520e36" --0000000000007d48a1064d520e36 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Sounds good, thank you. On Wed, Mar 18, 2026 at 4:09=E2=80=AFPM Sharon Speirs = wrote: > Thank you Irin, I appreciate the response. > I will send to my team so they can read this and contact > Canadapayroll@theykey with any concerns or questions.com > Sharon > > Sharon, Speirs > > General Manager > > Vancouver, BC > > Office: 778.279.3634 > > sspeirs@thekey.com > > TheKey.ca > > [image: TheKey] > > > > > > > > On Wed, Mar 18, 2026 at 12:56=E2=80=AFPM Irin Eva w= rote: > >> Hi Sharon, >> >> If the amount is repaid in the same tax year it was paid, we reverse the >> original earnings through payroll. This adjusts the following: >> >> - Gross earnings: Decreased >> - Income tax: Decreased >> - CPP: Decreased >> - EI: Decreased >> >> As a result, your taxable income is corrected automatically, and your T4 >> will reflect the correct net earnings. No extra action will be required = on >> your part at tax time. >> >> Thanks, >> Irin >> >> >> On Wed, Mar 18, 2026 at 3:29=E2=80=AFPM Sharon Speirs wrote: >> >>> Hi Irin >>> >>> My team is asking about the tax implications, specifically the taxes >>> taken off due to the overpayment? >>> How does that work so I can let them know how they will get it back? >>> Sharon >>> >>> Sharon, Speirs >>> >>> General Manager >>> >>> Vancouver, BC >>> >>> Office: 778.279.3634 >>> >>> sspeirs@thekey.com >>> >>> TheKey.ca >>> >>> [image: TheKey] >>> >>> >>> >>> >>> >>> >>> >>> On Wed, Mar 18, 2026 at 11:05=E2=80=AFAM Irin Eva = wrote: >>> >>>> Hi Sharon: >>>> >>>> There was a discrepancy in the bonus amounts for this week=E2=80=99s V= ancouver payroll, >>>> and we need to deduct the overpayment. >>>> >>>> Could you please check with the team how they would like to recover? >>>> Specifically, would they prefer a single deduction or to spread it acr= oss >>>> multiple payments? >>>> >>>> Once you have confirmed their preference, we will issue a wage >>>> agreement form based on that information. >>>> >>>> [image: image.png] >>>> >>>> Thanks, >>>> Irin >>>> -- >>>> >>>> *For All Kind of Payroll Inquiries Please Copy Canada Payroll Email >>>> - canadapayroll@thekey.com * >>>> >>>> >>>> Irin Nahar Eva, PCP, PLP (CPM) >>>> >>>> Payroll Manager - Canada >>>> >>>> *647-932-6409 * >>>> >>>> irin.eva@thekey.com >>>> >>>> >>>> >> >> -- >> >> *For All Kind of Payroll Inquiries Please Copy Canada Payroll Email >> - canadapayroll@thekey.com * >> >> >> Irin Nahar Eva, PCP, PLP (CPM) >> >> Payroll Manager - Canada >> >> *647-932-6409 * >> >> irin.eva@thekey.com >> >> >> --=20 *For All Kind of Payroll Inquiries Please Copy Canada Payroll Email - canadapayroll@thekey.com * Irin Nahar Eva, PCP, PLP (CPM) Payroll Manager - Canada *647-932-6409 * irin.eva@thekey.com --0000000000007d48a1064d520e36 Content-Type: text/html; c