BC Increased Employment Incentive

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Written By Thompson Okanagan Tourism Association
 

The B.C. Increased Employment Incentive is a one-time refundable tax credit for employers. The deadline to apply is December 31, 2021.

The Increased Employment Incentive allows employers to apply for a one-time tax credit. The credit is 15% of the amount that the employer’s total eligible remuneration for all eligible employees in the qualifying period exceeds the employer’s total eligible remuneration for all eligible employees in the base period.

The base period is from July 1 to September 30, 2020.

The qualifying period is from October 1 to December 31, 2020.


All employers are eligible for the credit if they:

  • Increased their eligible remuneration for the qualifying period compared to the base period

  • Had a permanent establishment in B.C. for the qualifying period, even if they didn’t begin to have a permanent establishment in B.C. until after September 30, 2020

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Thompson Okanagan Tourism Association
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