Employment Standards for BC

Employment Standards for BC

Employment Standards for BC We deal with many payrolls at Professional Touch Accounting and we get a lot of questions from both employers and employees. It is important to have accurate accounting and reporting when it comes to payroll since the penalties and interest...

Minimum wage in BC

Minimum Wage Increases through 2021 Minimum wage in BC is increasing in 2020 and 2021. Minimum wage legislation is meant to ensure everyone receives a fair wage for time worked. All employees are entitled to the increases whether working hourly, on salary, commission...

CPP rates for 2020

CPP Rates for 2020 Canada Pension Plan (CPP) rates for 2020 will be changing from 5.1% to 5.25%. This means that payroll costs will be increasing for everyone in 2020. Employees will have more deducted from their paycheques for CPP and since employers match employee...