March 31, 2020
We have been informed that WorkSafeBC has decided to allow employers to defer payment of their Q1 2020 premiums by three months. This means employers who report payroll and make payments on a quarterly basis, as well as Personal Optional Protection (POP) coverage holders, can defer payment until June 30, 2020. Employers who report annually will not be impacted because they do not report payroll or pay premiums until March 2021.
Employers who report and pay on a quarterly basis may still find it to their advantage to report their payroll by April 20, even if they defer payment, to ensure their account balance is accurate and clearance is not negatively impacted.
More information will be provided to employers in WorkSafeBC’s upcoming Q1 mailing as well as through incoming phone messages to WorkSafeBC’s Employer Service Centre. WorkSafeBC is actively monitoring and adjusting to the COVID-19 situation to determine how they can best support their stakeholders around the province. To learn more, visit the WorkSafeBC website.