Announcements

Find important announcements, travel news and alerts. Use the filter under 'Section' to find a relevant announcement for that area or search words in the search field box. 

T4 / T4A tax slips for faculty & staff are now available

Thursday, February 22, 2024

UBC issues tax slips online as PDFs that are identical to the printed form and are accepted by the Canada Revenue Agency (CRA) when filing your taxes. 

UBC faculty and staff can now access their payroll-related 2023 T4 and T4A tax slips for personal income tax returns...

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Digital Payments Program: Credit card transaction fee

Thursday, February 22, 2024

Starting February 2024, the Digital Payments Program (DDP) credit card transaction fees will be allocated using summary journal lines instead of individual entries. 

Due to an impact to the manual cash reconciliation functionality, the use of ad hoc bank transactions as...

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Preparing for 2023/2024 fiscal year end

Thursday, February 22, 2024

In preparation for the fiscal year-end, please consider the following dates and procedures to ensure goods and services expenses are recorded, approved, and/or closed in the fiscal year.

Purchase requisitions

  • Submit requisitions as soon as possible
    • ...

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New Canadian Dental Care Plan

Friday, February 16, 2024

Two legislative updates will come into effect to support the effective administration of the new Canadian Dental Care Plan. 

New reporting for the T4 and T4A ...

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HSBC Canada transition to Royal Bank of Canada

Friday, February 16, 2024

In late December 2023, Royal Bank of Canada (RBC) received regulatory approval from the Minister of Finance to acquire HSBC Bank Canada (HSBC).  

HSBC Canada is UBC’s primary financial institution, and UBC is working closely with HSBC Canada and RBC to gather...

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T4/T4A tax slips for faculty and staff expected by February 22

Friday, February 16, 2024

Each year UBC’s Payroll Operations team issues tax slips online for the university’s faculty and staff.

These tax slips are identical to the printed form and are accepted by the Canada Revenue Agency (CRA) when filing your taxes. This year we expect Payroll-related T4 and T4A...

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2023/2024 Year End Timelines and Procedures

Monday, February 12, 2024

Join us in the call-in session on March 6 to review the fiscal year-end timelines and procedures.

The University’s fiscal year-end of March 31, 2024 is fast approaching, and similar to prior years, we ask for your assistance to ensure that all charges relating to the current...

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Increase in Direct Travel and SAP-Concur service fee effective February 1, 2024

Tuesday, January 30, 2024

Following the recent comprehensive formal Request for Proposal (RFP) process conducted by BCNet, and the subsequent careful consideration and negotiations in light of the evolving travel industry landscape since COVID-19, there will be an adjustment to the travel management company service fees...

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The Indigenous Business Directory of UBC is now available

Friday, January 26, 2024

The Indigenous Business Directory of UBC was developed in response to community feedback requesting support in locating and identifying Indigenous businesses to consider when making purchasing decisions. The directory is a centralized resource to empower university faculty and staff to identify...

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Inactivation of 'Installation Services | Over $5000' spend category

Thursday, January 25, 2024

As of January 24, 2024, Capital Financial Management & Reporting has discontinued the use of the ‘Installation Services | Over $5000’ spend category. As an alternative, please use the following guidance for spend category selection:

  1. Capital purchases: installation costs should
    2. ...

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