A refund of EI would indeed have a positive effect on the
cash balance of both your company and the individuals involved.
In procuring an EI refund there is a specific approach that
has to be addressed. An EI ruling needs to be applied for
detailing the relationship between employer and employee and
addressing key issues involved in the factors determining
whether an EI refund is warranted. The paperwork filed to
recover an EI refund consists of a PD24 EI ruling application
where one details the rationale for filing for the refund
of ei premiums.
Employment Insurance is necessary to provide cash flow if
one is laid off from their job. However if one is denied the
EI benefit when most needed then why should one continue to
pay the EI premium? It makes no sense!!! This is the catch-22
situation in which family member employees often find themselves.
They have been paying EI for years but cannot avail themselves
of the EI benefit when needed. This is why applying for an
EI refund for the current year and/or EI refunds for past
years is the most sensible approach. Why keep paying for years
into a fund if you cannot collect.
The terms themselves can be confusing. We are often asked
about EI, EI refunds, Employment insurance, EI insurability.
even the old term i.e. “Unemployment Insurance”
People even think that the words are combined i.e. “Eirefund”
as though the terms are synonamous not realizing that a person
can not automatically be entitled to an “eirefund”.
One has to apply for and be specifically exempted through
the ruling process.
After filing the applicable paperwork to apply for the EI
refund a CRA rulings officer will determine the EI status
of the individual. Our expertise in dealing with EI refund
claims enables us to liaise professionally with the CRA Rulings
officer on your behalf and address any issues. We provide
you with guidance every step of the way and of course do not
bill you until the process is complete.
Our fee is very competitive. WE ONLY BILL FOR REFUNDS FOR
CURRENT AND PAST YEARS. WE DO NOT BILL FOR FUTURE YEARS. We
do all the paperwork at your premises unlike our competitors
who will mail you out a package and expect you to fill out
all the forms yourself.
As professionals in the Employment Insurance refund area
we take pride in our track record of having recovered thousands
of dollars of EI premiums for our client companies and the
applicable family members.
We would like to do the same for you!!!!!
