Sunday, January 10, 2010

Employment Insurance for Self Employed

Are you self employed? Do you know some one who is self employed?

Beginning in January 2011, self-employed Canadians will be able to access Employment Insurance (EI) special benefits.

There are four types of EI special benefits:
maternity benefits;
parental benefits;
sickness benefits; and
compassionate care benefits.

If you enter into an agreement between January 31, 2010 and April 1, 2010, you will be able to make a claim for EI special benefits as early as January 2011. However, if you enter into an agreement with the Canada Employment Insurance Commission after April 1, 2010, you will have to wait 12 months before you will be able to make a claim for EI special benefits.

To determine if you should consider enrolling into this program, speak to your accountant.

If you would like to book an appointment to discuss these or other strategies, please don't hesitate to contact me directly.

For more information on this program, check out the Government of Canada web site.

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