Tag Archives: employee pay all

What’s the correct tax treatment for individual WLRPs?

First of all, what do we mean by the term wage loss replacement plan (WLRP)? These are plans which provide employees with income when they can’t work due to illness or injury. For payroll or HR purposes, these plans are … Continue reading

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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

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How might disability plan choices impact employees?

For employers considering short or long term disability plans there are a great many decisions to be made about plan design, funding and administration. Should benefits be insured, should employees contribute to the cost of benefits, and, if the employer … Continue reading

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Recent Changes to WLRP Benefits and Contributions

Anytime source deduction or reporting requirements change, it often takes a couple of years for these to filter out and be properly understood. This may be the case with recent changes to source deduction and reporting requirements for Wage Loss … Continue reading

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