Vancouver Sun: Budget 2018: NDP's $5.5 billion in tax hikes - where the new money will come from

February 21, 2018
Tara Zwaan

EXCERPT:

The payroll tax takes effect on Jan. 1, 2019, to offset the loss in revenue from MSP premiums. Small businesses with payrolls less than $500,000 are exempt; the tax is on a sliding scale for companies with payrolls above $500,000, to a maximum of 1.95 per cent. The new tax came as a “nasty surprise,” said Jock Finlayson of the B.C. Business Council. “We weren’t expecting it.”

Full Article.

Become A BCBC Member

LEARN ABOUT MEMBERSHIP
BACK TO TOP    

ADDRESS

Business Council of British Columbia
1050 West Pender Street, Suite 960
Vancouver BC V6E 3S7

CONTACT INFORMATION

Telephone: 604-684-3384
Media Contact: 604-684-3384
Email: info@bcbc.com

© 2023 Business Council of BC. All rights Reserved.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram