Monthly Archives: December 2014

New CRA Annual Maximums for 2015

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 … Continue reading

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Notice of MSP enrollment shutdown November 28 through December 9

According to Pacific Blue Cross’s latest newsletter of November 28, they  are reporting that The Medical Services Plan of BC (MSP) will be replacing it’s computer system at of 5:00pm on Friday, November 28 until Tuesday, December 9, 2014.  As … Continue reading

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Canada Revenue Agency (CRA) Focus Update #462 – Withholding income tax at source for long or short term disability payments

Earlier this year Canada Revenue Agency (CRA) released the Employers’ Guide to Payroll Deductions and Remittances (T4001).  The Employers’ Guide now states that withholding income taxes at source from taxable long and short term disability (LTD and STD) benefit payments … Continue reading

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