All items tagged with: employment insurance
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, rrsp, tax courses, employment insurance, financial education, online education, employment benefits, EI Benefits, clawback, EI repayment, layoff, Ontario EI
Are you a high-income earner—perhaps an executive, or seasonal construction or oil rig worker—who may suffer a loss of employment? For the 2017 tax year, the base amount for EI repayment is $64,125. The amount is indexed year over year and if you get caught with income over this, you’ll likely be unpleasantly surprised when you file your 2017 return . Here’s why:
Posted in: Breaking News, Tax Planning , employment insurance, EI clawback
Of the 216 votes in our June 2014, 65% of KBR voters strongly voiced their opinion in our against employment insurance being subject to a clawback on the tax return.
Posted in: Strategic Thinking, Think Tank, Tax Planning , self-employed, employment insurance
Self-employed persons are ineligible for regular EI benefits due to lay-offs or business slow-downs. But they can now elect to receive EI benefits for the following benefits...
Posted in: Strategic Thinking, Distinguished Practices, Tax Planning , tax court, employment insurance act
The Tax Court of Canada (TCC) recently considered whether a graduate student performing research at the University of British Columbia was an employee for the purposes of subsection 5(1) of the Employment Insurance Act.
Posted in: Breaking News, Investment & Retirement, Tax Planning , EI rates, employment insurance
On September 9, the Honourable Jim Flaherty, Minister of Finance, announced that the Employment Insurance (EI) premium rate for employees will be frozen at the 2013 level of $1.88 per $100 of insurable earnings for the years 2014-2016.