Cpt30 E Form PDF Details

Cpt30 e form is an important document for businesses and individuals alike. This form is used to report income, expenses, and tax information. Knowing how to complete this form accurately is essential for tax season. In this blog post, we will walk you through the steps of completing Cpt30 e form correctly. Let's get started!

QuestionAnswer
Form NameCpt30 E Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesform cpt30, cpt30 2018 form, cpt30, cpt30 exempt

Form Preview Example

ELECTION TO STOP CONTRIBUTING TO THE CANADA PENSION PLAN,

OR REVOCATION OF A PRIOR ELECTION

Use this form if you are an employee who is at least 65 years of age but under 70, and:

you are currently receiving a Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) retirement pension and you want to elect to stop contributing to the CPP; or

you elected in a previous year to stop contributing and you want to revoke that election and start making CPP contributions.

You must provide a copy of this completed form to all current and future employers. Send the original form to the Winnipeg Tax Centre at the address on the back of this form, and keep a copy for yourself.

Notes:

An election or revocation applies to all income from pensionable employment, including self-employed earnings, if applicable. However, if your income is only from self-employed earnings, do not use this form. Complete Schedule 8, CPP Contributions on Self-Employment and Other Earnings instead, and file it with your income tax return.

If you elect to stop contributing to the CPP, the election takes effect on the first day of the month following the date you give this form to your employer.

If you revoke a prior election, the revocation takes effect and CPP contributions will restart on the first day of the month following the date you give this form to your employer. If you do not advise all of your employers that you wish to restart CPP contributions, for those you did not advise, you may elect to contribute both your share and the employer's share of CPP contributions by completing Form CPT20, Election to Pay Canada Pension Plan Contributions.

You may not use this form to stop contributing to the Quebec Pension Plan. For more information, go to www.revenuquebec.ca.

A Identification

First name and initial

Last name

Social insurance number

Mailing address: Apt. No – Street No. Street name

City

Prov./Terr.

Postal Code

Date of birth (YYYY-MM-DD)

B Eligibility

1.Are you an employee who is at least 65 years of age but under 70?

2.Are you currently receiving a CPP or a QPP retirement pension?

If you answered yes to questions 1 and 2, you may be able to elect to stop contributing to the Canada Pension Plan or to revoke a prior election. Go to question 3 below. If you answered no to either question, you are not eligible to make this election or revocation at this time.

3.Have you made an election or revoked a prior election during the current calendar year?

Yes

Yes

Yes

No

No

No

If you answered yes to question 3, you cannot make another election or a revocation until a following calendar year.

If you answered no to question 3, complete Part C to make an election to stop contributing to the CPP, or Part D to revoke a prior election to restart contributing, whichever applies.

C Election and certification

I elect to stop contributing to the CPP. I have demonstrated in Part B that I am eligible to make this election. I will give a copy of this form to my employer or employers, as the case may be, by the end of the month indicated below.

OR

D Revocation and certification

I revoke an election made in a previous year in order to start contributing to the CPP again. I have demonstrated in Part B that I am eligible to make this revocation. I will give a copy of this form to my employer or employers, as the case may be, by the end of the month indicated below.

Signature of employee

Year

Month

Day

Signature of employee

Year

Month

Day

Privacy Act Personal Information Bank number CRA PPU 005

CPT30 E (11)

Vous pouvez obtenir ce formulaire en français à www.arc.gc.ca/formulaires ou au 1-800-959-3376.

 

General information

Who should complete this form?

Use this form if you are an employee who is at least 65 years of age but under 70, currently receiving a Canada Pension Plan (CPP) or Quebec Pension Plan (QPP) retirement pension and you would like to elect to stop contributing to the CPP.

You can also use this form to revoke a prior election in order to start contributing to the CPP again.

How do I elect to stop CPP contributions?

Complete Parts A, B, and C of this form and give a copy to your employer, together with proof of age, and proof that you are receiving a CPP or QPP retirement pension. If you are working, or will work for more than one employer, give each employer a copy of this completed form. Once you make an election, you cannot revoke it until the next calendar year.

What effect does this revocation have on my CPP contributions?

If you elected to stop contributing to the CPP in a previous year, you can revoke that election by completing this form. By completing this form and giving a copy to your employer, you are revoking a previous election and you will start contributing to the CPP again. The revocation is effective on the first day of the month following the date you give this form to your employer. The employer would generally start deducting CPP contributions on the first pay in the month following the month you signed and dated Part D of the election form.

If you are currently working or will work for more than one employer, give each employer a copy of this form. If you do not give each employer a copy of the form, you may, at a later date, elect to pay both the employer's share and your share of CPP contributions.

What effect does this election have on my CPP contributions?

By completing this form and giving a copy to your employer, you are electing to stop contributing to the CPP. The election is effective on the first day of the month following the date you give this form to your employer. The employer would generally stop deducting CPP contributions on the first pay in the month following the month you signed and dated Part C of the election form.

How long does the election last?

An election will remain in effect until you revoke it or until you reach 70 years of age.

How do I revoke a prior election?

Complete Parts A, B, and D of this form and give a copy to your employer. If you are working, or will work for more than one employer, give each employer a copy of this completed form. Once you revoke an election you cannot make another election until the next calendar year.

How long does the revocation last?

A revocation will remain in effect until you elect to stop CPP contributions again or until you reach 70 years of age.

Filing instructions

Fill out the sections of the form that apply to you. Give a copy of this form to your employer in the same month you sign and date it. If you have more than one employer, give a copy of this form to each employer. Keep a copy of the form for yourself, and send the original to the Canada Revenue Agency at the following address:

Winnipeg Tax Centre

Specialty Services Section

66 Stapon Road

Winnipeg MB R3C 3M2

What if you need help?

For more information about this election to stop contributing to the CPP, revocations of a prior election, or how to use this form, call 1-800-959-8281.

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