CRA Form T5018, Statement of Contract Payments
Report the amounts your construction business paid to subcontractors during the year.
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About CRA Form T5018, Statement of Contract Payments
The T5018, Statement of Contract Payments, is a CRA form for businesses whose main activity is construction. If you pay or credit subcontractors for construction services, you report those amounts on a T5018 slip for each subcontractor and add a T5018 summary that totals the slips. This helps the CRA match reported income for people working in the construction sector.
You complete a slip for each subcontractor you paid over the CRA reporting threshold for the period, then send the summary and slips to the CRA and give each subcontractor their copy. This page is a free fillable helper and a general guide, not tax advice, so always download and file the current official T5018 from the CRA.
Who needs to complete it
- Construction businesses that pay subcontractors for construction services.
- Sole proprietors and partnerships in construction that use subcontractor labour.
- Corporations whose main business activity is construction and who hire subcontractors.
- Any construction payer whose payments to a subcontractor reach the CRA reporting threshold for the period.
How to fill out CRA Form T5018, Statement of Contract Payments
- 1Choose your reporting period, either the calendar year or your fiscal period, and use the same period each year.
- 2Enter your business name, address, and account number in the payer area of the summary.
- 3For each subcontractor, complete a slip with their name, address, and their business number or social insurance number.
- 4Enter the total contract payments you paid or credited to that subcontractor for construction services in the period.
- 5Report only the construction service portion, and follow the CRA guide on how to treat mixed invoices.
- 6Prepare the T5018 summary that adds up the total number of slips and the total amount reported.
- 7Check the totals on the summary against the individual slips so they agree.
- 8File the summary and slips with the CRA by the due date and give each subcontractor their copy of the slip.
- 9Keep your records and supporting invoices in case the CRA asks to see them.
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Frequently asked questions
Who has to file a T5018?
Businesses whose main activity is construction and who pay or credit subcontractors for construction services. You report each subcontractor whose payments reach the CRA reporting threshold for the period.
What payments do I report?
You report amounts paid or credited to subcontractors for construction services. Where an invoice mixes goods and services, follow the CRA guide on how to handle the construction service portion.
Do I use the calendar year or my fiscal year?
You can report on either the calendar year or your fiscal period, but you should choose one and use the same period each year. The CRA guide explains the choice.
What is the difference between the slip and the summary?
You complete one T5018 slip for each subcontractor you report, and one T5018 summary that adds up the number of slips and the total amount for the period.
Do subcontractors get a copy?
You file the slips and summary with the CRA and give each subcontractor their copy of the slip so they can report the income on their own return.
Is this the official CRA form?
This is a free fillable helper and general guide. The form and its reporting threshold can change, so always download and file the current official T5018 from the CRA before you rely on it.