Category: Government Announcements

CPP Enhancements

Canada Pension Plan enhancement As you may know, changes to the Canada Pension Plan (CPP) will be implemented starting in 2019. The changes will affect everyone who works in 2019 and contributes to the CPP. Here are some of the key highlights: The changes aim to strengthen the CPP for future generations and provide better […]

Employer Health Tax (EHT)

The government of BC will be implementing the new Employer Health Tax (EHT) effective January 1, 2019.  The Medical Services Plan premiums (MSPP) were reduced by 50% on Jan 1, 2018 and will be eliminated on January 1, 2020. Individual taxpayers pay MSP premiums while the proposed EHT will be paid through an employers annual payroll tax.   Tax rates will be based […]

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