Follow these steps to prepare your remittance form:
Enter your due date and end-of-period date. These are the dates we gave you when you were registered. They are based on your remitting frequency (monthly, quarterly, etc.)
Enter your total assessable payroll. This is for wages paid during the period, not wages earned.
Include the wages of:
all full-time, part-time, and casual workers, including those hired through a Human Resources and Skills Development Canada grant
all active officers and directors on the payroll of a limited company
all workers doing business outside Nova Scotia who are not covered by that province’s WCB equivalent and who have received confirmation they are covered by us
Do NOT include the wages of:
proprietors and partners
classes of workers identified in section 9-14 of the Workers’ Compensation General Regulations
workers doing business outside Nova Scotia who are covered by that jurisdiction’s equivalent WCB
Note: Coverage for family members of proprietors, partners and officers who are living in their household, is optional. To indicate your intention to cover these individuals you simply include them when you report your payroll.
If a single firm is a limited company and has multiple divisions serviced by a common administrative staff and officer, prorate the wages for those people as follows:
Take the total assessable payroll of the firm
Determine what percentage of that total each division represents (example: 60/40)
Split the staff’s/officer’s payroll the same way (60/40)
Enter any excess wages
Any wages a worker earns above their maximum assessable earnings for the year are not included in your total assessable payroll. We confirm maximum assessable earnings each year.
Calculate your total assessable payroll: gross payroll minus excess wages plus labour portion of subcontracts.
Calculate your premium: total assessable payroll x your assessment rate (pre-entered on the form) ÷ 100.
Calculate your payment: your premium plus any balance due according to your statement of account. If you have a credit balance, it will be subtracted.
Enter the number of employees. Count anyone who will receive a T4, including part-time and temporary employees, employees absent with pay, etc.
Complete your form by re-entering your payment amount, your total assessable payroll, the number of employees, and your end-of-period date.
Notes for Completing the Accelerated Remittance Calculation Worksheet
If you are an accelerated remitter, your calculation worksheet is located above the Remittance Voucher in your booklet. It’s important to note that you will need to determine the following information, even if it is not required for you to provide:
The gross payroll figure, excess wages and labour portion of your contracts must be used to determine your total assessable payroll.
The total assessable payroll figure is to be entered at the top of the second column of your worksheet.
When calculating your premium, your total rate (individual rate plus levy) is to be entered on your worksheet in the second box in the right-hand column, and your premium payable is to be entered in the third box in the right-hand column of your worksheet.
If you have an outstanding balance or credit, enter it in the second last box in the column on the right.
Your amount payable is to be added to the box at the bottom of the right-hand column.
The number of employees is to be entered in the fourth box down the left-hand side of your worksheet and on your voucher.