Bill 188, Economic and Fiscal Update Act, 2020, received Royal Assent on March 25, 2020 and has been enacted as Chapter 5 of the Statutes of Ontario, 2020. Schedule 1 of the Bill consists of the Employer Health Tax Act. This new Bill will have an impact on your payroll calculations for 2020. Please ensure you update your software to accommodate the new calculation. The Employer Health Tax Act allows eligible employers to claim an exemption amount when establishing their taxab

British Columbia (B.C.) Medical Service Plan (MSP) premiums have been eliminated as of January 1, 2020, and replaced it with B.C. Employer Health Tax (EHT). See the changes and the possible implications. B.C. MSP is a health insurance plan that pays for medically required services. All residents of B.C. must enroll themselves and their dependents into the MSP program. There are premiums for the MSP coverage, and it is based on family size and income. To see if you are eligibl