Assessment Department

Assessment Department

Accident Fund

Based in the ‘historic compromise’ – protection from suit.

•The injured workers’ safety net

•The employers’ protection

MANDATORY COVERAGE UNDER THE ACT

VOLUNTARY COVERAGE UNDER THE ACT

Compulsory Conditions Availability Mechanism

Pro

pri

eto

rsh

ip Proprietor No – Yes Personal optional protection

Proprietor’s spouse No – Yes Voluntary coverage

Proprietor’s child Yes Employment relationship Remuneration

No –

Par

tner

ship

Partner No – Yes Personal optional protection

Partner’s spouse Yes Employment relationship Remuneration

No –

Partner’s child Yes Employment relationship Remuneration

No –

Co

rpo

rati

on

or

sim

ilar

en

tity

Principal Yes Active in the business No –

Director Yes Active in the operations of the corporation

No –

Principal’s family member

Yes Earnings are reported for income tax purposes

No –

Officer Yes Active in the business No –

Shareholder (active) Yes Active in the business No –

Shareholder (inactive) No – No –

Volunteer No Limited circumstances No Limited circumstances

Elected official No – No –

SUMMARY OF COVERAGE UNDER THE ACT

Assessment Department

1. The way a person structures their business matters

• Proprietor

• Partner

• Incorporated Company (Inc., Ltd., Co.)

Key Points

Assessment Department

Assessments

Every employer must register, report and remit on all payroll earned in the Province of BC

Assessment Department

Payroll

• Wages and salaries

• Principals’ earnings

• Contractors’ earnings

• Personal Optional Protection

Assessment Department

Audits

• T4, T4A slips and summary

• T5018 slips and summary

• Payroll journal, synoptic ledger, cheque register

• General ledger plus computer printouts of wages; subcontractors; casual labour;

• Corporate financial statements

• WCB year end reports

• Records for affiliated accounts

Assessment Department

Exemptions

• Home owners hiring workers for personal needs

• Both spouses in an unincorporated business

• Out of province employers who temporarily have business in BC, not employing a BC resident

• Professional sports athletes

• Incorporated personal financial holding company

Assessment Department

Special Industries•Trucking – IJT/ Owner-Operators

•Motion Picture and Television Productions

•Couriers

•Realtors

•Taxi Shift Lease Operators

•Foster Parents

•Physicians

Assessment Department

Out of Province

•Interjurisdictional agreement

•Workers covered for up to 6 months

Assessment Department

Board Authority

•Section 47 (2) - Charging claim costs to employers

•Section 51 - if a contractor employs a subcontractor to perform work, both are liable for the assessment.

•Section 84 – Assignment of Board authority; the board of directors sets Board policies

•Section 88 - gives the Board the authority to examine the books and accounts of every employer.

•Section 95 – Confidentiality (subject to FIPPA)

Assessment Department

Online ServicesAccess secure applications 24/7

•Secure Connect:

• Online reporting and remitting

• Clearance Letters

• Payment Modification

• Account Maintenance

• Statement of Account

•Fast File and Pay

•Personal Optional Protection

•Delegate Management

www.worksafebc.com

Assessment Department

Questions

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