Employer Health Tax
The Ontario government announced relief measures to help support Ontario businesses when they need it most. These include increasing the Employer Health Tax exemption for 2020 from $490,000 to $1 million and a five‑month relief period for Ontario businesses who are unable to file or remit their provincial taxes on time due to the special circumstances caused by the coronavirus (COVID‑19) in Ontario.
Original Article Source Credits: Ministry of Finance Ontario , https://www.fin.gov.on.ca/
Article Written By: NA
Original Article Posted on: August 12, 2020
Link to Original Article: https://www.fin.gov.on.ca/en/tax/eht/