Employer Health Tax

Author: Scalability | | Categories: Accounts Payable , Accounts Receivable , Bookkeeper , Digital Bookkeeping , Intuit QuickBooks , Payroll , QuickBooks Bookkeeping , Small Business Bookkeeping , Virtual Bookkeeping

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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.

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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/