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January 24, 2024
Question

British Columbia Paid Vacation and Stat Pay

  • January 24, 2024
  • 1 reply
  • 0 views

Hello

What is the percentage rate (BC) of vacation and stat pay when paid out on every pay to hourly employees (construction industry).?

 

1 reply

January 24, 2024

Hi there, 

 

Welcome to the Community. Your taxes are a vital part of your business and it's vital you get the info you need. Rest assured, I'll be happy to share more info and help steer you along the right path. 

 

QuickBooks adheres to the rates set by the Canada Revenue Agency. I recommend double-checking on their site for more information. Otherwise, in QuickBooks I recommend checking out the following article that provides info about: Accruing vacation in Payroll. The article provides in-depth info on how to successfully accrue vacation in the program. 

 

I encourage you to check it out and if you have questions, feel free to reach back to me in the comments below. I'm here to help.