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Q.
How do I apply for a Business Number from
Revenue Canada?
A.
Contact your nearest Revenue
Canada Tax Services or
Revenue
Quebec if you are doing business in Quebec.
Q.
How do I obtain coverage by Workers Compensation?
A.
Contact the Workers Compensation Board in your
province.
Q.
Do I need to establish a health insurance plan?
A.
Each province has its own hospital and medical care plans. In some
provinces, these plans are funded by a payroll tax, which the employer
pays. The tax is usually a percentage of income paid to employees.
In Alberta and British Columbia there is a fixed monthly premium
paid by individuals. The employer may choose to pay all or part
of the premium on the employee's behalf. The premium that the employer
pays is a taxable benefit to the employee.
Q.
How can I reduce the employers rate of EI premiums?
A.
Employers who have employees covered by a wage-loss replacement
plan for short-term disability could be eligible for a reduced rate.
If the plan meets certain standards established by the EI Regulations,
the employers share of the EI premiums could be paid at a
reduced rate (less than the current 1.4).
You
must register annually with the EI Premium Reduction Program by
submitting an application and the appropriate schedules, which you
can find in the Application Guide for the Employment
Insurance Premium Reduction Program (IN-121A-01-98E) and a copy
of the plan.
You
can obtain the Applications Guide for the Employment Insurance Premiums
Reduction Program from your local Human Resources Centre of Canada
or by contacting:
Premium
Reduction Program
Human Resources Development Canada
Nicolas Denys Building
P.O. Box 11000
Bathurst, NB E2A 4T5
Tel:
1-800-561-7923
Fax:
506-548-7473
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