According to the British Columbia government website, Employers with B.C. remuneration greater than $500,000 (exemption amount) in a calendar year must register for the employer health tax. ‘Employers’ include an individual, a corporation, a partnership, a trust or a government.
Employers with B.C. remuneration:
- Of $500,000 or less don’t pay employer health tax
- Between $500,000.01 and $1,500,000 (notch rate amount) pay the reduced tax amount as calculated:
- 2.925% x (B.C. remuneration – $500,000)