January 1, 1993 - May 8, 2005
The levying of assessment penalties should not be unduly onerous on an employer but should encourage them to submit accurate and timely payroll information, and assessment monies due as required by the WCA.
There are four assessment penalties in the
1. underestimating penalty (S. 62(2))
2. late filing penalty (S. 62(1))
3. non-payment penalty (S. 60)
4. additional penalty to employers in default (S. 73)