Looking to save time? Don’t want to miss the February 29 deadline to report your payroll data to WCB? You can achieve both with WCB’s online Payroll Reporting System.
Here are the steps to use the Workers Compensation Board of Manitoba (WCB) reliable tool to report your 2019 and 2020 payroll information.
Step 1: Gather these details:
- WCB account number and 6-digit Access Code
- 2019 financial records, T4 and/or T-A summaries
- Records of hours worked and amounts paid for regular, contract or casual labour in 2019
- Any records you need to estimate your 2020 payroll. (Your expected total assessable payroll for all Manitoba-covered workers up to the 2020 maximum assessable level of $127,000 per worker.)
Step 2: Visit the secure Online Payroll Reporting website and enter your data.
Step 3: Mark your calendar to review your company's actual payroll throughout the year against your February 29, 2020 estimate. Taking this step near the end of May and December helps ensure you only pay your fair share of WCB premiums. It can avoid interest if WCB finds a difference of more than 25% between your estimate and actual payroll.