A top-up is an amount you pay your employee after a claim is decided that isin addition to the benefits paid by a workers' compensation board.
See Also
Can You Deposit Cash At An ATM? | BankrateA Guide on How to Add Money to Your Bank AccountCan You Deposit Money at Any ATM? - ExperianDeposit Cash to GoBank Checking Account | MoneyPakExclude a top-up amount (even if it is paid as sick leave) from insurable earnings if you pay it after the workers' compensation board accepts the claim. However,you must deductCPP contributions and income tax from the top-up amount, and you have to report it on a T4slip at year-end.
An amount you pay in addition to an advance or loan is not a top-up amount if you pay it while waiting for a decision on a workers' compensation board claim. This amount is considered to be employment income from which you have to deduct CPPcontributions, EIpremiums, and income tax.
