Tag Archives: EI

Taxable benefits – cash or non-cash?

Taxable benefits, with one exception, are only insurable earnings for EI premium purposes where these are provided as cash or near-cash. If taxable benefits are non-cash, the general rule is that no EI premiums are due and there is no … Continue reading

More Galleries | Tagged , , , , , , | Leave a comment

Today’s EI announcement – lower small business employer premiums

Today the Harper government announced a new tax credit for small business employers. I’m not sure the initial press coverage gave a very clear description of what is being done. First, there will be no actual reduction in the upfront … Continue reading

More Galleries | Tagged , , , | Leave a comment

What HR needs to know about EI

Payroll primarily experiences Employment Insurance as a series of source deduction and reporting requirements. However, EI is also an employee benefit plan, in much the same way that WCB coverage and employer-sponsored disability plans are other types of employee benefit … Continue reading

More Galleries | Tagged , , , , , , , , , , , | 1 Comment

New CRA guidance on Wage Loss Replacement Plans

Many of you may have noticed the late release of the T4001 Employers’ Guide for 2014. One reason for this might be the expanded guidance the CRA posted on its web site, in the CPP/EI rulings area, on December 17, … Continue reading

More Galleries | Tagged , , , , , , , , , , , , , | Leave a comment

Why you shouldn’t give employees payroll advances

For a small employer or a small payroll department, it can be an awkward situation if employees ask for an advance on their wages. In effect, such request is for an informal, short-term employer loan. However, there are also other … Continue reading

More Galleries | Tagged , , , , , , , , , , , , | Leave a comment