Ontario EHT Calculations
In Ontario, certain companies will need to pay EHT or Employer Health Tax for their employees. To see if your organization is subject to the EHT, please click HERE.
To set up EHT, login to your account and follow these steps:
A. SETTINGS
B. PAY RULES
C. COMPANY RULES
Fill in the following items:
D. Click the ENABLED box
E. Enter your GL Code
F. Enter Details EHT account number
- Exemption amount (if different than the default) for the payroll year
- Remittance frequency
- YTD Earnings before enabling (if applicable - see below)
- If you are starting with PaymentEvolution part way through a calendar year, or forgot to enable EHT, enter the Ontario YTD Earnings before enabling and we will deduct this from your full exemption
- Example: you start in June and your exemption is $490,000 for the year and you paid Ontario employees taxable income of $390,000 before starting. Enter $490,000 in the exemption and $390,000 in YTD before enabling, and wee will start calculating EHT after your next $100,000 in taxable income.
G. Click SAVE
When you reach the exemption amount, the program will automatically start calculating EHT.
EHT Reporting
*Note: PaymentEvolution does NOT remit EHT on your behalf
To create your EHT report at the end of your reporting period:
H. REPORTS
I. ACCOUNTING
J. REMITTANCE REPORTS
K. Click CREATE EHT
Alternatively, if you wish to see the EHT amount per pay, you can use the PAYRUN HISTORY REPORT and select the box to SHOW COMPANY PORITONS and it will be listed. Use the check boxes on the far left side to select a group of pay runs to add up as needed. The totals will be shown at the bottom of the page.