<HST for s.7 IRB Reports> Since the SABS under Insurance Act was amended, Intact Insurance has agreed to pay HST (Harmonized Sales Tax) for s.7 preparation of Income Replacement Report. -Subtotal for IRB report: $2,489.83-HST: $323.68-Total Payment by the insurer: $2,813.51 Under the Regulation, the insurance company is liable for paying HST in addition to … Read More
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J. v Canada Employment Insurance Commission
J. v Canada Employment Insurance Commission <Our office successfully defended that our client’s auto insurance payments for loss of income are not earnings> S.35(2)(d) of the Employment Insurance Regulations (EI Regulations) says that auto insurance payments for loss of income are earnings (in certain circumstances).Section 35(2)(d) is stated to be “notwithstanding” section 35(7)(b). Where a … Read More
<Self-employment income to be recognized under s. 4(5) of the Schedules> -With regards to the claimant’s self-employment, the insurer could claim that if the claimant’s self-employment income was received in cash, it cannot be used in the IRB calculation because his income is supposed to have an HST number under the Income Tax Act. -Section … Read More