--0000000000009c22a2060e0682f6 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable *Hi Irin, Please see from information below about the EHT in MB. We need to know the total 2023 remuneration in MB. Please send it to me. * Effective January 1, 2008, the Health and Post Secondary Education Tax Levy Act (also known as HE Levy) exemption increased from $1 million to $1.25 million and the reduced tax range increased to between $1.25 million and $2.5 million (from between $1 million and $2 million). Employers, including employers that are *part of an associated group*, whose total annual remuneration falls below $1.25 million will be exempt from the HE Levy. If the total annual remuneration falls between $1.25M. Employers with a total remuneration surpassing $4 million annually are taxed at the basic rate of 2.15% on the entire amount. This means the initial $2 million is not exempt. For example, the tax payable on remuneration of $5.5 million would be ($5,500,000 X exemption prorated for part-year 2.15%) =3D $118,250. There are also notch rate considerations that need to be considered. Employers with total remuneration ranging from $2 million to $4 million annually are only taxed on the portion exceeding $2 million, at the notch tax rate of 4.3%. For example, on remuneration of $2.15 million, the tax payable is ($2,150,000 - $2,000,000 =3D $150,000) X 4.3% =3D $6,450. It is important to note that entities within an associated group, which includes corporate partnerships, are treated as a unified employer. For instance, if Corp. A disbursed $1,000,000 in remuneration, and Corp. B disbursed $1,150,000; the combined remuneration for the associated group is $2.15 million, and the tax liability follows the example provided above. Regards, Sam Naffaa, CMA 905.337.1288 *Please note my email has changed:* hcao.accounting@TheKey.com TheKey.com [image: TheKey] On Tue, Jan 2, 2024 at 7:14=E2=80=AFPM Irin Eva wrote= : > Hi Sam, > > I am not sure either. They actually emailed me. I will call them to > confirm. > > Thanks, > Irin > > On Tue, Jan 2, 2024 at 5:25=E2=80=AFAM Sam Naffaa > wrote: > >> Hi Irin, >> What do they mean by registration number? We use the business number to >> report the EHT. >> Regards, >> Sam Naffaa, CMA >> 905.337.1288 >> *Please note my email has changed:* >> hcao.accounting@TheKey.com >> >> TheKey.com >> [image: TheKey] >> >> >> >> >> >> >> >> On Fri, Dec 29, 2023 at 2:16=E2=80=AFAM Irin Eva w= rote: >> >>> Hi Sam, >>> >>> This has been set up in Ceridian, but Ceridian mentioned that they don'= t >>> have a Registration Number to make remittances if the account goes over= 2 >>> Million. >>> >>> Could you pls provide us the Registration Number for Winnipeg EHT? >>> >>> Thanks, >>> Irin >>> >>> On Wed, Dec 27, 2023 at 10:33=E2=80=AFAM Irin Eva = wrote: >>> >>>> Hi Sam, >>>> >>>> Thank you for the information. >>>> >>>> For Winnipeg, our last year payroll didn't exceed $2M. >>>> >>>> Thanks, >>>> Irin >>>>