EPY: CAN - B.C. Budget Announced New Employer Health Tax Effective January 1, 2019
(Doc ID 2493245.1)
Last updated on JULY 07, 2021
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and later
Information in this document applies to any platform.
Additional details requested for how EHT will be implemented for BC
As per 2019 BC legislation (https://www.bdo.ca/en-ca/insights/tax/tax-alerts/bc-employer-health-tax-updates-2018/), EHT will be applied to employers with a BC payroll > 500k. How will this be implemented in PeopleSoft, and when will this will be released. Will it follow an identical set up to, for example, Ontario, where a "Provincial Health Tax" class is applied each pay to the taxable gross in the Paycheque Taxes section? Or will it be implemented in a different manner?
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