Tax Question:
What is the BC Employer Health Tax (EHT) and am I required to remit?
Facts:
The EHT is a new annual tax in BC based on your company’s payroll for the calendar year. This new tax commenced on January 1, 2019.
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Health Tax
What Is The New Employer Health Tax
Tax Question:
What is the new Employer Health Tax?
Facts:
The 2018 budget released by the BC government will eliminate Medical Services Plan (MSP) premiums effective January 1, 2020, and provide funding for MSP through a new employer health tax.
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British Columbia Employer Health Tax
Effective January 1, 2019, there will be a new Employer Health Tax (EHT) of 1.95% that applies to the taxable remuneration that is paid to all BC employees. The government has estimated that 15% of employers in BC will be required to pay this tax.
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