Carbon tax rebate

[Truebro]

I just got my business carbon tax rebate. The refund amount is all based on the # of employees I hired over the years….lol


What a fraud

 

[drew562]

My buddie said he’s getting 4700 bucks. I haven’t got my notice yet.

 

[S.W.A.T.]

I once got a cheque from the government for $1.33

Would have cost me more to drive to the bank to deposit it

 

[Truebro]

The gov. Formula for calculating your rebate is only based on # of employees you hired and included in your payroll account for the tax years from 2019 on.

Laughable that the definition of the tax is:

Canada's carbon tax, also known as carbon pricing, is a charge on fossil fuels that increases over time. The tax is designed to encourage people and businesses to use less fossil fuels and cleaner alternatives.

They should just call the tax “ employment incentive tax”


Just another liberal lie….

 

[Truebro]

From gov website:​

​

How is Eligibility Determined?​

Several factors are considered when determining eligibility for the rebate. Only CCPCs qualify, so sole proprietorships and partnerships are not eligible. The rebate amount is based on the number of employees, including full-time, part-time, and seasonal workers. The calculation will rely on the number of T4 slips issued in the relevant calendar year. If your business has subsidiaries, each subsidiary with 499 or fewer employees is eligible for the rebate independently.

Even if the parent company has more than 500 employees in total, the subsidiaries may still be eligible if they individually meet the employee count and other criteria.

Employee Turnover and Rebate Calculation​

If your business experiences high turnover, with multiple employees hired for the same role within a year, each T4 issued counts as a separate employee. This could result in a higher employee count and potentially increase the rebate amount. However, if the employee count exceeds 499 due to turnover, it may impact your eligibility for the rebate.


Saving ur environment one employee at a time!! lol

strong armed into being dupped…

No wonder Pollive and every unliberal candidate have been fighting this garbage for years. It makes absolutely zero sense towards doing better for our environment….

 

[5Lgreenback]

From gov website:​

​

How is Eligibility Determined?​

Several factors are considered when determining eligibility for the rebate. Only CCPCs qualify, so sole proprietorships and partnerships are not eligible. The rebate amount is based on the number of employees, including full-time, part-time, and seasonal workers. The calculation will rely on the number of T4 slips issued in the relevant calendar year. If your business has subsidiaries, each subsidiary with 499 or fewer employees is eligible for the rebate independently.

Even if the parent company has more than 500 employees in total, the subsidiaries may still be eligible if they individually meet the employee count and other criteria.

Employee Turnover and Rebate Calculation​

If your business experiences high turnover, with multiple employees hired for the same role within a year, each T4 issued counts as a separate employee. This could result in a higher employee count and potentially increase the rebate amount. However, if the employee count exceeds 499 due to turnover, it may impact your eligibility for the rebate.


Saving ur environment one employee at a time!! lol

strong armed into being dupped…

No wonder Pollive and every unliberal candidate have been fighting this garbage for years. It makes absolutely zero sense towards doing better for our environment….

Awesome, it rewards high employee turnover for most businesses. Job security and happily employed, fairly paid people are clearly discouraged in this Utopia.

 

[sledneck__11]

Old man got his it shows credit for employees then shows he has to pay 2100 wtf is that, going to show accountsnt and see what the hell is up with that


QUOTE="Truebro, post: 3280689, member: 60575"]
I just got my business carbon tax rebate. The refund amount is all based on the # of employees I hired over the years….lol


What a fraud
[/QUOTE]

 

[Lem Lamb]

Buy high sell low...

Carbon tax follows this rule...