Annual Return Help
Please review the amounts that appear on the Earnings Summary page to ensure that they are correct.
This is the latest estimate provided to the WCB for 2023.
Your prior year premium rate for each $100 of assessable earnings.
Represents your assessable earnings for the prior year. The WCB premium covering your workers for the prior year is the product of M-3 and your prior-year premium rate M-2, divided by 100. Any changes from your prior estimate will result in a decrease or increase to your premium for the prior year.
Your total premium includes both the premium required to cover your workers and any premium for personal coverage.
Estimate your gross worker assessable earnings for the 2024 calendar year. Your estimate should be comparable to the 2023 assessable earnings in line M-3, with allowance for changes in business activity from 2023 to 2024. Remember to exclude earnings over the 2024 maximum of $104,600 per worker.
If you have ceased operations (i.e., no longer employ workers) prior to the current calendar year and do not expect a resumption of activity during the year, enter zero for your current estimate. The WCB will ask you to confirm a low estimate. If your estimate is accurate, click “OK” and reselect the “Submit” button.
Your current year premium rate for each $100 of assessable earnings.
Your premium is determined as the product of your coming-year estimate M-4 and premium rate M-5, divided by 100.
Your premium rate is determined by your industry rate and rate modifications to reflect your organization's injury experience.
If your current assessable earnings estimate is significantly lower or higher than the prior years actual OR your current year assessable earnings is significantly lower or higher than the prior year estimate, please provide a brief explanation for the increase or decrease in earnings.
Once you agree to the declaration of accuracy and submit your annual return you will receive a confirmation number and confirmation email. Until November you can re-open your annual return to review your entries.