Comments on Funding:
The Ontario government has increased the EHT exemption for 2020 from $490,000 to $1 million due to the special circumstances caused by the coronavirus (COVID‑19) in Ontario.
The EHT rates vary from 0.98% on Ontario payroll less than $200,000, up to 1.95% for payroll in excess of $400,000.
- report for work at a permanent establishment of the employer in Ontario;
- do not report for work at any permanent establishment of the employer, but are paid from the employer’s permanent establishment in Ontario.
The Ministry of Finance will mail you a personalized annual return. If appicants did not receive a return, they should contact the Ministry of Finance. Applicants should also contact the ministry when their Ontario payroll for the year exceeds their allowable exemption amount.
Applicants must complete the annual return and send it to the ministry, even if no EHT is payable. Once you submit a nil return, the ministry will stop sending you annual returns automatically. Applicants can also file their return online, using ONT-TAXS online.
Other Things to Note:
- Annual returns are due March 15th of the following calendar year.
- Special returns are due on the 15th of the month after the payroll was paid.
- Final returns are due 40 days after your business closes or the amalgamation date.