Only five per cent of businesses in the province will be hit by the full payroll tax when it comes into effect on Jan. 1, 2019, she told the legislature Thursday. Like many restaurants, he doesn’t cover medical premiums but does offer extended health benefits, which costs about $15,000 annually. “If we could get credit for what we are already doing for employee health care, I’d be OK with this,” Gillespie said. Because this is all about big picture health care.”Concerns about the payroll tax aren’t limited to the hospitality and services sectors. “We’re really watching with caution how these social infrastructure investments, which are economic investments, will maybe make a break even impact on these additional expenses related to minimum wage increases, employer health tax increases,” she said.

Source: National Post February 22, 2018 19:41 UTC