How Close Was Your Payroll Estimate? Knowing Can Save You Money!

At the beginning of the year, you submitted your estimated payroll for 2022 to the WCB. Your estimated payroll should be as accurate as possible.

Throughout the year, your business can experience changes that increase or decrease your annual payroll. If your payroll changes at any point in the year after you provide the WCB with your annual payroll estimate in February, you should update your payroll estimate so you can avoid unnecessary interest charges.

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