EHT remains a burden and needs changes in 2023
Before the pandemic, The Chamber was a leading voice calling for changes to the province’s Employer Health Tax. A lot has happened since then, but the EHT remains a concern for businesses throughout BC.
And while The Chamber is a non-partisan organization, we welcome the announcement Jan. 25 by the BC Green Party proposing an increase to the EHT exemption threshold. The change would benefit businesses with payrolls between $500,000 and $1.5 million. It would also remove the disincentive for businesses that are growing or paying employers more and face being burdened by the EHT if they surpass $500,000.
It’s an idea that the chamber network has supported in the past, and one that deserves to be back in the conversation in 2023.
And while The Chamber is a non-partisan organization, we welcome the announcement Jan. 25 by the BC Green Party proposing an increase to the EHT exemption threshold. The change would benefit businesses with payrolls between $500,000 and $1.5 million. It would also remove the disincentive for businesses that are growing or paying employers more and face being burdened by the EHT if they surpass $500,000.
It’s an idea that the chamber network has supported in the past, and one that deserves to be back in the conversation in 2023.
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