Canadian Payroll Reporter

CANADIAN PAYROLL REPORTER LEGISLATIVE ROUNDUP | CHANGES IN PAYROLL LAWS AND REGULATIONS FROM ACROSS CANADA Continued from page 4 thresholds for each rate will be revised for next year. ■ MANITOBA 2014 reminder: No tax rate changes Effective Jan. 1, 2014, personal income tax rates and ranges in Manitoba will remain unchanged. Individuals with a $0.01 – $31,000 taxable income range will have a 10.8 per cent tax rate and a $0 constant. Individuals with a $31,000.01 – $67,000 taxable income range will have a 12.75 per cent tax rate and a $605 constant. Individuals with a taxable income range of more than $67,000.01 will have a 17.4 per cent tax rate and a $3,720 constant. 2014 reminder: Basic personal amount going up Effective Jan. 1, Manitoba's basic personal amount, spouse or common-law partner amount and eligible dependant amount claimed on a Manitoba Personal Tax Credits Return (TD1MB) will increase from $8,884 to $9,134. ■ NEW BRUNSWICK 2014 reminder: No tax rate changes Effective Jan. 1, personal income tax rates in New Brunswick will remain as follows: 9.68 per cent, 14.82 per cent, 16.52 per cent and 17.84 per cent. Due to the indexing of the income tax system, the income thresholds for each rate will be revised for next year. ■ NEWFOUNDLAND AND LABRADOR 2014 reminder: No tax rate changes Effective Jan. 1, the provincial personal income tax rates in Newfoundland and Labrador will remain as follows: 7.7 per cent, 12.5 per cent and 13.3 per cent. Due to the indexing of the income tax system, the income thresholds for each rate will be revised for next year. ■ NORTHWEST TERRITORIES 2014 reminder: No tax rate changes Effective Jan. 1, the territorial personal income tax rates will remain as follows: 5.9 per cent, 8.6 per cent, 12.2 per cent and 14.05 per cent. ■ NOVA SCOTIA 2014 reminder: HST rate going down Effective Jan. 1, the rate for the Harmonized Sales Tax (HST) in Nova Scotia will decrease from 15 per cent to 14 per cent. This is the result of the Nova Scotia government lowering the provincial portion of the tax from 10 per cent to nine per cent. In 2015, the HST rate will be 13 per cent, with the provincial portion being eight per cent. ■ NUNAVUT 2014 reminder: No tax rate changes Effective Jan. 1, the territorial personal income tax rates will remain as follows four per cent, seven per cent, nine per cent and 11.5 per cent. Due to the indexing of the income tax system, the income thresholds for each rate will be revised for next year. 2014 Reminder: EHT exemption increasing Effective Jan. 1, Ontario proposes to increase the exemption amount for the Employment Health Tax (EHT) and to restrict the exemption to employers whose annual Ontario payroll is no more than $5 million. Legislation to enact the changes is currently before the Legislative Assembly. Bill 105, the Supporting Small Businesses Act, 2013, would increase the exemption amount for the EHT from $400,000 to $450,000 for the years 2014 to 2018. Beginning in 2019, the exemption amount would be tied to inflation, with the exemption being adjusted every five years using the Consumer Price Index for Ontario. The bill would also eliminate the exemption amount for private-sector employers whose annual Ontario payroll exceeds $5 million. Associated employers would not be able to claim the exemption if their combined total Ontario payroll was more than the $5 million exemption threshold for the group. Continued on page 8 ASK AN EXPERT HAVE A QUESTION? EDITORIAL: Have a question you'd like tackled by one of our experts? Or a story idea for Canadian Payroll Reporter? Send it to editor Zachary Pedersen at zachary.pedersen@ thomsonreuters.com or call (416)649-9584. ■ ONTARIO 2014 reminder: No tax rate changes Effective Jan. 1, Ontario's provincial personal income tax rates will remain as follows: 5.05 per cent, 9.15 per cent, 11.16 per cent and 13.16 per cent. Canadian HR Reporter, a Thomson Reuters business 2013 ADVERTISING: To advertise in Canadian Payroll Reporter, contact Stephen Hill at stephen.hill@thomsonreuters.com or (416) 298-5090 or Kathy Liotta at kathy.liotta@thomsonreuters.com or (416) 649-9920. 5

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