Health Care Spending Accounts & Group Benefits Taxation
Health Care Spending Accounts (HCSA) A HCSA is a
Karen
March 4, 2021
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Health Care Spending Accounts (HCSA) A HCSA is a
2016 2017 2018 2019 Employment Insurance 537.56 542.59 546.82 561.63 Maximum weekly benefit 955.04 836.19 858.22 860.22 Maximum annual employee contribution 1,337.06 1,169.64 1,201.51 1,204.31 Maximum insurable earnings 50,800 51,300 51,700 53,100 Canada Pension Plan Maximum employee contribution to plan 2,544.30 2,654.10 2,593.80 2,748.90 Maximum annual contributory earnings 54,900 55,300 55,900 57,400 Registered Retirement Savings Plan* Contribution […]
As part of the 2018 provincial budget released in February, 2018, the BC government introduced a new Employer Health Tax (EHT) which will become effective January 1, 2019 for employers with payroll costs in excess of $500,000 and non-profits with B.C. payroll over $1,500,000. Use the employer health tax calculator to help you estimate the […]
2016 2017 2018 Employment Insurance Maximum weekly benefit 537.56 542.59 546.82 Maximum annual employee contribution 955.04 836.19 858.22 Maximum annual employer contribution 1,337.06 1,169.64 1,201.51 Maximum insurable earnings 50,800.00 51,300.00 51,700.00 Canada Pension Plan Maximum employee contribution to plan 2,544.30 2,564.10 2,593.80 Maximum annual contributory earnings 54,900.00 55,300.00 55,900.00 Registered Retirement Savings Plan* Contribution limit 25,370.00 […]
We lobbied to our MPs on behalf of our clients on this. This is great news. Prime Minister Justin Trudeau said Wednesday that he will not enact a tax on health and dental benefits, after days of refusing to rule out the option. “We are committed to protecting the middle class from increased taxes and […]
This past Friday we were able to make this Christmas season very special for one great student – Raven Larsback. This year, one special way that we wanted to give back to our great community is to offer, with our long term client Big White Ski Resort, an amazing gift for one incredible youth. This […]
2015 2016 2017 Employment Insurance Maximum weekly benefit 523.36 537.56 542.59 Maximum annual employee contribution 930.60 955.04 836.19 Maximum annual employer contribution 1,302.84 1,337.06 1,169.64 Maximum insurable earnings 49,500.00 50,800.00 51,300.00 Canada Pension Plan Maximum employee contribution to plan 2,479.95 2,544.30 2,564.10 Maximum annual contributory earnings 53,600.00 54,900.00 55,300.00 Registered Retirement Savings Plan* Contribution limit 24,930.00 […]
2014 2015 2016 Employment Insurance Maximum weekly benefit 514.00 523.56 537.30 Maximum annual employee contribution 913.68 930.60 955.04 Maximum insurable earnings 48,600.00 49,500.00 50,800.00 Canada Pension Plan Maximum employee contribution to plan 2,425.50 2,479.95 2,544.30 Registered Retirement Savings Plan* 24,270.00 24,930.00 25,370.00 *Contributions towards 2015 can be made until March 1, 2016 For more […]
Effective January 1, 2015, the Canada Revenue Agency changed the maximums as follows: 2013 2014 2015 Employment Insurance Maximum weekly benefit 501.00 514.00 523.36 Maximum annual employee contribution 891.12 913.68 930.60 Maximum annual employer contribution 1,247.57 1,279.15 1,340.06 Maximum insurable earnings 47,400.00 48,600.00 49,500.00 Canada Pension Plan Maximum employee contribution to plan 2,356.20 2,425.50 […]
Effective January 1, 2014, the Canada Revenue Agency changed the maximums as follows: 2012 2013 2014 Employment Insurance Maximum weekly benefit 485.00 501.00 514.00 Maximum annual employee contribution 839.97 891.12 913.68 Maximum annual employer contribution 1,175.96 1,247.57 1,279.15 Maximum insurable earnings 45,900.00 47,400.00 […]
