“Stay the course budget” brings modest tax relief to business, but does little to improve fiscal situation
Finance Minster Tom Osborne brought down his first provincial budget on Tuesday. Budget brings modest tax relief Removal of the payroll tax has been a longtime advocacy issue for the Employers’ Council. The Budget included an announcement that the threshold of the provincial payroll tax will be increased from $1.2 M to $1.3 M effective  [...]
2012 Provincial Budget delivers two out of four NLEC requests
Fails to make tough decisions in two key areas The 2012 Provincial Budget, released Tuesday, delivered on two of the NLEC’s pre-budget requests by reducing government spending to sustainable levels and reviewing government departments for cost savings. The budget failed, however, to make two tough but necessary decisions for our province — how to address our massive  [...]
Progressive Conservative platform promises to eliminate payroll tax
Finance Minister Tom Marshall attributes policy to Employers’ Council lobby effort In today’s release of their 2011 Policy Blue Book, the Progressive Conservative Party promised to work toward the elimination of the Health and Post Secondary Education Tax (HAPSET), commonly known as Payroll Tax. If elected, the PC’s promise to raise the exemption incrementally, reducing  [...]
Finance Minister Tom Marshall tells NLEC he wants to eliminate payroll tax
In a recent letter to NL Employers’ Council Executive Director, Richard Alexander, Finance Minister Tom Marshall expressed, in writing, his desire to eliminate payroll tax over time. The NLEC wrote all MHA’s, including Premier Dunderdale, prior to this year’s provincial budget, asking for fiscal restraint, debt reduction and an elimination of the payroll tax. In  [...]
NLEC gets movement on payroll tax
In yesterday’s provincial budget government announced an increase in the payroll tax threshold by $200,000 – to $1.2 million in payroll, retroactive to January 1, 2011. The NL Employers’ Council (NLEC) has been strongly lobbying government for the elimination of this tax on your behalf, and sees this as an obvious recognition from government that  [...]
NLEC Executive Director Featured in Telegram’s 20 Questions
On Saturday, January 29th, NLEC Executive Director Richard Alexander was featured in the Telegram’s 20 Questions column. Read the full article here. Posted on: March 3, 2011  [...]
NLEC to hold Tax on Labour Focus Groups
NLEC is holding Tax on Labour focus groups across province. Next focus group to take place at the Mount Peyton Hotel in Grand Falls on March 31st, 2011. The organization is looking for employer feedback on how high tax on labour impacts business in this province. The NL Employers’ Council (NLEC) will be gathering evidence  [...]
NLEC makes cover of Telegram on Tax on Labour
Employers’ Council says EI and CPP hikes are disincentives to hiring people. Read the full article here.  [...]