B.C. Increased Employment Incentive
The B.C. increased employment incentive is a one-time refundable tax credit for employers. The deadline to apply is December 31, 2021.
For each eligible employee, eligible remuneration must not exceed the maximum amount of $1,129.33 per week.
All employers, including employers who did not have to pay the employer health tax, are eligible for the credit if they:
Increased their eligible remuneration for the qualifying period compared to the base period
Had a permanent establishment in B.C. for the qualifying period, even if they didn’t begin to have a permanent establishment in B.C. until after September 30, 2020
Employers may be individuals, corporations, partnerships, or trusts.