Notice of Tax Changes to Ontario Employees who Earn More than $150,000

By |August 28th, 2014|Uncategorized|Comments Off on Notice of Tax Changes to Ontario Employees who Earn More than $150,000

On July 24, 2014, the Ontario government passed into law increases to personal income tax rates for Ontario employees who earn more than $150,000 in 2014.  These changes come into effect September 1st, 2014. However, the CRA will allow employers to implement the new changes on a “best-effort where practical” basis, and is not going [...]