EI premium claims

Service Overview

Employment Insurance (EI) serves as a critical support system for Canadians, offering financial assistance during periods of unemployment, including times of job search or skill enhancement. This program is designed to cushion the economic impact of job loss, providing a percentage of your earnings up to a maximum amount.

Understanding the nuances of EI, from eligibility criteria to the effect of various income types on your benefits, is crucial. For instance, how dividends or other earnings could adjust the amount you're eligible to receive is an essential aspect of maximizing your claim.

CRA Forms and Documentation

• T4E Statement of Employment Insurance and Other Benefits: This slip reports the amount of EI benefits paid to you during the year and the taxes withheld. It's essential for filing your income tax return.
• RC62 Universal Childcare Benefit (UCCB) statement: If you received UCCB payments, which are now replaced by the Canada Child Benefit, it could affect your EI benefits.
• RC210 Working While on Claim: This form is used by self-employed individuals to report earnings while receiving EI benefits.
• T2125 Statement of Business or Professional Activities: For self-employed individuals contributing to EI, this form is used to report business income and expenses on your tax return.
• RC1 Request for a Business Number (BN): If you're self-employed and looking to register for the EI program, you'll need a BN, which you can request using this form.

Contact and Consultation

At SYNCAPRO, we're committed to guiding you through the EI landscape with precision and care. Whether you're a small business owner pondering over EI contributions for yourself or an individual looking to understand the implications of dividend income on your benefits, our team offers personalized advice and strategic planning.