Statement and Estimate of Earnings - Value of Service

Statement and Estimate of Earnings - Value of Service

Effective Dates

November 16, 1993 - June 30, 2008

Policy Code


General Information

The Act provides that every employer in the Yukon must prepare and transmit to the Board, on a yearly basis, a statement of the amount of wages earned by all his/her workers in the immediately preceding year, as well as an estimate of the earnings that will be paid to its workers in the current year. This includes the wages of the directors of any incorporated company. However, corporate directors often do not draw a wage from the company. In these circumstances, the board must rely on proxy measures to determine the relative value of service of that director, in order to levy the assessment.

An employer may appeal any assessment decision made by the Assessment Branch to the Board within 180 days of the decision being made.

Roles and Responsibilities