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WSIB, CRA launch new service for earnings and online payments

WSIB, CRA launch new service for earnings and online payments

TORONTO — The Workplace Safety and Insurance Board (WSIB) worked in collaboration with the Canada Revenue Agency (CRA) to launch a new option for Ontario businesses to report their insurable earnings and make WSIB premium payments online.

Through the CRA My Business Account, the new service provides businesses a simple way to manage accounts, allowing them to pay their WSIB premiums at the same time they file their business taxes.  

Businesses can also report and pay their premiums using their online banking or the WSIB’s online services, states a release.

The WSIB’s online services can also be used to view statements and claim information, find or obtain clearances, report injuries or illnesses and analyze rates. 

In testing the new service, businesses gave positive feedback about being able to manage payments for taxes and WSIB premiums all in one place, adds the release.

“We’re always looking for ways to make it easier for people to do business with us,” said Jeffery Lang, president and CEO of the WSIB, in a statement. “This new service with the CRA is a convenient option for business owners to take care of their WSIB account and file their business taxes in one user-friendly spot.” 

For more information visit My Business Account – Canada.ca 

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