Category: Taxation

2019 CPP & EI annual maximums

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 […]

Employer Health Tax Update

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 […]

Federal CPP and EI Maximums for 2018

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 […]

ENCOMPASS Benefits & Big White Ski Pass Contest Announcement

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 […]

Federal CPP and EI maximums for 2017

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 […]

Federal CPP and EI maximums effective January 1, 2016

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 […]

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 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 […]

New CRA Annual Maximums for 2014

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 […]

BC and PEI Benefits Tax Changes April 1, 2013

On April 1, 2013, British Columbia (BC) and Prince Edward Island (PEI) are implementing changes to the GST/HST. British Columbia Tax Changes Elimination of current HST (12%). Return to PST (7%) and GST (5%). Contracts that are currently charged BC HST will be subject to GST only. Any invoices/statements prepared on or after April 1st […]

Recent Posts

Categories

Archives

Send Us A Message

Send A Message to David Rojas