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- If it is determined that you have an overpayment, you will receive a monthly statement of account from Service Canada indicating the amount due. You are required to repay the debt due in full upon receipt of the statement of account by using one of our three repayment methods.
www.canada.ca/en/employment-social-development/programs/ei/ei-list/overpayments.html
If the benefit is taxable, the value of the benefit is equal to the fair market value (FMV) of: Employee's personal use of cell phone or the cell phone service plans. + plus Employee's personal use of internet service plans. - minus Any amounts your employee reimburses you.
To prove your eligibility and to receive payments you may be entitled to, you're required to complete bi-weekly reports by internet or telephone. Failure to do so can mean a loss of benefits. Eligibility for specific work situations. You may still qualify for benefits, even if you work for an employer who is related to you.
Nov 22, 2019 · Learn how Employment Insurance payments affect your taxes, and figure out if you have to repay some of your benefits. Unemployment insurance is taxed just like regular income, but sometimes it must be repaid.
You'll be able to keep 50 cents of your Employment Insurance (EI) benefits for every dollar you earn, up to 90% of the weekly insurable earnings used to calculate your EI benefit amount, if you work while receiving regular benefits and have served your waiting period.
Jun 11, 2024 · Wondering if you can deduct cell phone costs on your Canadian taxes? You've come to the right place. This guide breaks down everything you need to know about claiming cell phone expenses in Canada for both employees and self-employed individuals.
Jan 23, 2022 · EI payments are taxable income, so they affect your taxes just like any other type of income, and in some cases, you may have to repay these benefits. What is Employment Insurance (EI)? EI is a temporary, taxable benefit you receive when you are unemployed through no fault of your own.
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It is your duty to immediately tell them about this. The law says you must notify EIA of any material change in circumstances that can change your entitlement to benefits. You have 30 days from when the change happened. If you do not, you could be charged and if convicted, fined up to $5,000 or imprisoned for up to three months.
