Beginning January 1st, 2019, the proposed Employer Health Tax (“EHT”) took effect in BC. The implementation of this tax is aligned with the elimination of Medical Services Plan (MSP) premiums by January 1, 2020.
The EHT only applies to employers with annual B.C. payroll in excess of $500,000. B.C. payroll includes a) Any payment to employees who report to work at an employer’s permanent establishment in B.C., and b) Any payment to employees who do not report to work at an employer’s permanent establishment, but are paid from or through a permanent establishment in B.C.
The first tax return will be due on March 31, 2020 (and each March 31 subsequently) and it must be filed electronically using the eTaxBC system. Read our blog about Employer Health Tax and further details here.
How to Register, File & Pay
Employers must register for ETH account using eTaxBC (enrollment is now active). Registration was to have been completed by May 15, 2019, if you were required to pay any installments in 2019. The first tax return will be due on March 31, 2020 (and each March 31 subsequently) and must be filed electronically using the eTaxBC system.
Registration is now open. Please click here to enroll.
Talk to us
Of course, if you have any questions with respect to the implementation of this new tax, applicability to your business, or if you need further guidance on what to include and exclude in your remuneration calculations make sure to contact Rise! Our team’s knowledge covers all bases you will need covered.
