B.C. fleshes out proposed payroll tax

Business groups cite ‘serious flaws,’ urge government to consider alterations
By Sheila Brawn
|Canadian Payroll Reporter|Last Updated: 07/30/2018
B.C. Legislature
The tax is scheduled to apply to B.C. employers with an annual payroll of more than $500,000. Credit: Kevin Light (Reuters)

Employers and payroll professionals in British Columbia need to begin preparing for a brand-new payroll tax.

Beginning Jan. 1, 2019, the provincial government plans to levy an employer health tax (EHT).

B.C. Finance Minister Carole James proposed the EHT in this year’s provincial budget, saying the revenue it would generate would help replace money lost when the government eliminates Medical Services Plan (MSP) premiums in 2020.