Year-end is the perfect time to make sure that all of your information is entered correctly within Wagepoint, including your 2022 Workers' Compensation rates.
Contact your provincial WSIB/WCB agency to confirm your Workers’ Compensation rates for 2022. To apply these rates, update your Company > Workers’ Compensation tab with the new rates for 2022 before you run your first payroll for a pay date in 2022.
Important notes about Worker's Comp rates.
- If your Workers' Compensation rates are changing for 2022, you will not be able to enter them in Wagepoint until you run the last payroll of 2021 and reports are available on your behalf.
- Wagepoint can only handle the WSIB/WCB remittances on your behalf. We are not authorized to complete your WSIB/WCB reporting. However, to help you complete your reporting accurately, we provide a handy WSIB/WCB Payroll Report, which can be found in your Reports tab.
Find your rates.
Check directly with the appropriate board for your province/territory for the latest rates.
Want to learn more?
Access other important year-end goodies in your Year-End Survival KIT.
- 2022 Statutory Holidays In Canada
- When Should I Process Payroll For The 2021-2022 Winter Holidays?
- 5 Really Important Things You Must Do Now to Prepare for Year-End
- Timelines and Tips for 2021 Year-End Documents (T4s, T4As and RL-1s)
- A Canadian Small Business Employer’s Guide to T4s, T4As and RL-1s
- Notes on Taxes and Remittances
- Worker's Compensation Rates for 2022
- Year-End Payroll Checklist (Canadian Accounting Partner)
- Year-End Payroll Checklist (Canadian Small Business)
- Wagepoint's Holiday Availability (Canada)
- Don't Be Haunted By Payroll Errors This Year-End
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