IMPORTANT MEMO – Re: O/O WSIB ALTERNATIVE COVERAGE

The majority of Fleets in Ontario and Quebec have allowed their Owner/Operators (O/O’s) to opt out of WSIB and purchase a private alternative solution that covers their O/O’s 24 hours/7 days a week for accidental injury.  It’s important to understand that there is a process that needs to be followed in order to reduce your [...]

By |2018-12-12T13:28:41-05:00December 12th, 2018|NAL Insurance|0 Comments

CRA: Withholding and Reporting Requirements

CRA: Withholding and Reporting Requirements come tax time for owner-operators. Source: CRA Website EMPLOYEES If you are an employee, your employer will deduct Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and income tax from your pay. The income taxes deducted, together with your and your employer’s share of CPP and EI, will [...]

By |2018-12-12T12:45:22-05:00December 11th, 2018|NAL Insurance|0 Comments
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