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Newsletters>
Hiring a caregiver or a nanny?
February 24, 2009
Here's a great source of information:
http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/clcltng/spclsttns/crgvr-eng.html
Please consider all of these issues:
Payroll compliance includes timesheets, vacation pay, CPP, EI, tax remittances and a T4 for the caregiver.
Employment Standards regulations about hiring in your province/territory require safe working conditions and minimum hourly wages.
Workers Compensation (BC has three different categories to consider when hiring domestic help) See my article published on the CGA BC Public Practice newsletter a few years ago
http://www.taxdetective.ca/articles/article/1482041/19324.htm
House insurance - obtain a rider and put it in writing to your insurer that you have other people living in your home and working for you (same goes for any self-employed home office)
No notification or rider on the policy can mean no coverage in the event of an accident or injury.
Consider liability insurance coverage in addition to WCB and House Insurance if advised by your insurance provider to have additional insurance.
Not in compliance? Your nanny or caregiver has the upper hand. Guess who all those government lawyers will work to protect against you in the event of an accident or injury?
Eileen Reppenhagen CGA does not research or endorse any product or service appearing in ads on this site. Before making any major financial decision(s) you should consult a qualified professional.
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