EMPLOYER HEALTH TAX DEADLINES

It has been a few months since the introduction of the Employer Health Tax in British Columbia.

It is mandatory for all employers in British Columbia to be registered for the tax if they are above the exemption threshold.

General employers (entities that are not charities or not-for-profits) with eligible wages above $600,000 in 2018 should have registered by May 15th, and should have made installment payments on June 15th and September 15th. One additional installment payment is due on December
15th, and a final payment is due on filing on March 31, 2020.

Each of these installments should be 25% of their estimated Employer Health Tax based on the lessor of 2018 or 2019 eligible wages.

If the employer has eligible wages between $500,000 and $600,000, they only need to be registered by December 31, 2019, with one payment made on March 31, 2020. Employers with eligible wages below $500,000 do not need to register.

If an employer still has not registered, they can do so at E-Tax BC. Payments can also be made through this account.

They can also use online banking, under the payee “BC – EMPLOYER HEALTH TAX (installment or tax return payments)”.

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