Hiring Credit for Small Business

November 18, 2011
by Jared Cross, C.P.A, C.G.A
The new Hiring Credit for Small Business (HCSB) is a one-time credit of up to $1000 based on the increase in a small business’ employment insurance (EI) premiums paid for 2011 over those paid for 2010. The HCSB will be available to employers whose total EI premiums were at or below $10,000 in 2010.      

For more information, go to www.cra.gc.ca/hiringcredit.
 
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