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Question 1 (0.5 points) A common acronym for business number is: Question 1 options: Question 2 (0.5 points) The exemption for the Ontario Employer Health

Question 1 (0.5 points)

A common acronym for business number is:

Question 1 options:

Question 2 (0.5 points)

The exemption for the Ontario Employer Health Tax on which employers do not have to pay premiums is:

Question 2 options:

a)

1,000,000

b)

4,900,000

c)

490,000

d)

600,000

Question 3 (0.5 points)

An organization needs to register with what Federal organization to receive a business number?

Question 3 options:

a)

Ontario Labour Standards

b)

Service Canada

c)

Canada Revenue Agency

d)

Revenue Quebec

Question 4 (0.5 points)

An organization may have multiple business sub accounts because:

Question 4 options:

a)

They are doing different types of business

b)

They have contractors

c)

They import or export goods

d)

They have a regular and reduced EI rate

Question 5 (0.5 points)

Question 5 options:

Quebec Health Services fund premiums are remitted to

Question 6 (0.5 points)

When Nunavut was formed it assumed all of Northwest Territories legislation along with it came the payroll tax.

Question 6 options:

a) True
b) False

Question 7 (0.5 points)

The funds collected from the labour standards plan in Quebec are used to offset administration related to legislation related to Labour Standards.

Question 7 options:

a) True
b) False

Question 8 (0.5 points)

Employers with payroll of more than 2 million are required to invest funds into the Workforce skills and development recognition fund in Quebec.

Question 8 options:

a) True
b) False

Question 9 (2 points)

Organizations operating in Quebec must register with Revenue Quebec to be able to remit QST.

Question 9 options:

a) True
b) False

Question 10 (2 points)

Question 10 options:

Employers must register to be able to remit and report payroll tax _____ days after the first renumeration is paid to an employee working in Nunavut

Question 11 (2 points)

The following rates are applicable to annual payroll in British Columbia

Question 11 options:

1234

2.925% x (B.C. remuneration - $500,000)

1234

Tax Rate

1234

Exempt

1234

1.95% x total B.C. remuneration

1.

Total Yearly Payroll

2.

$500,000 or less

3.

Between $500,000.01 and $1,500,000

4.

Greater than $1,500,000

Question 12 (2 points)

The exemption rate for the Ontario Health Tax program is assessed every how many years:

Question 12 options:

a)

3

b)

2

c)

1

d)

5

e)

4

Question 13 (1 point)

HAPSET is the acronym for:

Question 13 options:

a)

Health and Public Sector Employee Tax

b)

Home and Post Secondary Education Tax

c)

Health and Public Sector Education Tax

d)

Health and Post Secondary Education Tax

Question 14 (1 point)

Which province has two programs that do not exist in the other provinces

Question 14 options:

a)

Newfoundland

b)

Ontario

c)

Manitoba

d)

Quebec

e)

British Columbia

Question 15 (1 point)

Question 15 options:

When organizations register their Business they will receive a _____ digit business number.

Question 16 (1 point)

Question 16 options:

Manitoba Hapset will be remitted to

Question 17 (1 point)

Which of the following provinces or territories have a payroll tax

Question 17 options:

a)

British Columbia & Northwest Territories

b)

Nunavut & Northwest Territories

c)

Nunavut & Yukon

d)

Yukon & Northwest Territories

Question 18 (1 point)

Question 18 options:

The exemption to organizations with revenue over 5 million not being able to claim the exemption in Ontario is organizations who are

Question 19 (1 point)

The following two provinces have a health funding program called HAPSET

Question 19 options:

a)

Manitoba & British Columbia

b)

Ontario & British Columbia

c)

Ontario & Manitoba

d)

Manitoba & Newfoundland

Question 20 (1 point)

Question 20 options:

The current payroll tax rate is ____ percent.

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