T5007 - Statement of Benefits

Here's how AvanTax eForms helps you prepare T5007 slips:
  • User friendly T5007 data entry
  • Import T5007 data from CSV, Excel, or CRA XML submission file*
  • Print T5007 slips and summaries on plain paper or CRA forms
  • Create individual T5007 slips (password protected PDF) for electronic distribution**
  • Distribute recipient T5007 slips by email or corporate portal**
  • Prepare T5007 XML files and upload over CRA's Internet File Transfer portal
  • Easily process original, amended, cancelled and additional T5007 returns
  • PLUS!
    • Roll forward previous year T5007 data into current year
    • Roll forward current year T5007 data into following year
    • Unlimited technical support by phone, email or live chat
    • and much more!

* eForms Standard & Enterprise
** eForms Enterprise

The following agencies or bodies have to file a T5007 information return:

  • any provincial, territorial, or municipal agency or similar body that makes social assistance payments based on a means, needs, or income test; and
  • any provincial or territorial workers' compensation board or similar body that pays an amount or determines a claim for compensation under a federal, provincial, or territorial employees' or workers' compensation law for injury, disability, or death.
Employers who continue to pay an employee's salary before and after a workers' compensation board claim is decided do not have to file the T5007 information return.