WSIB compliance

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Blog by Patncat Co Inc.

In Ontario, the workplace and safety board pay a key role in workplace health and safety systems. Administrating a no-fault workplace insurance for employers and their workers.  Most employers must register with WSIB within ten days of hiring a employee.  Penalties/Fines and Interest is applied to those found non complaint.  Compliance Functions:  Interest and charges to accounts, issue clearance certification, audits on employers books and records, collect overdue amounts, pursues civil remedies to recover monies owing, and will investigate and prosecute offences. To register, contact your bookkeeper or accountant or go on to  WSIB is paid by the employer, and reported on payroll activities on a quarterly basis.