T5018 compliance is a critical part of tax obligations for businesses in the construction industry. Among the many forms and filings required, the T5018 Statement of Contract Payments often creates confusion, particularly for smaller jobs. Business owners and contractors frequently ask, ‘Do I need to file a T5018 for one-off tasks or minor projects?’ The good news is that the CRA has clear guidelines, thresholds, and exemptions that can help you determine when filing is necessary—and when it’s not. Small