What is earned income for EI?
5.16. For EI benefit purposes, earnings are income earned by labour or that which resembles income earned by labour (FCA A-136-96, CUB 31814). As a result, to be considered earnings, they must arise from some type of employment. Included in the meaning of employment is self-employment (EIR 35(1)(b)).
Can you make any income while on EI?
If you earn money while receiving EI benefits, you can keep 50 cents of your benefits for every dollar you earn, up to 90% of your previous weekly earnings (roughly 4 and a half days of work). You’re not eligible to receive EI benefits if you work a full week, regardless of the amount you earn.
What money do I have to report to EI?
You are responsible for reporting all monies received any income paid or payable to you. any benefits, cash or other, received, or. income that you earn from any self-employment activities.
What happens if you make a mistake on your EI report?
If you have made a mistake filling out your report or any other form, it is important that you notify us as soon as possible. You must call our Telephone Information Service at 1 800 206-7218 from 8:30 am to 4:30 pm, write to us or go in person to your Service Canada Centre.
Can I still get EI if I work part time?
You can work part-time and still get EI benefits.
What happens if you don’t report earnings to unemployment?
Failure to report income is classified as unemployment insurance fraud. Consequences vary by state and can include having to pay back benefits plus interest, penalty fees, ineligibility for future benefits and criminal prosecution.
Can I still get EI if Im working?
Yes, you can work while getting EI, but half the amount you earn will be taken off your EI benefits. This applies as long as you do not earn more than 90% of the average insurable earnings your benefit was based on. Under the old rules you could earn up to $75 a week or 40% of your weekly benefit, whichever was more.
How do I report someone working and collecting EI?
To provide details of reporting mistakes or fraudulent activity related to EI claims, or for more information, please call our toll-free EI Telephone Information Service at 1-800-206-7218 (TTY: 1-800-529-3742 ), from 8:30 a.m. to 4:30 p.m. to speak to a representative.
How many hours can I work while on unemployment?
You are not eligible for benefits in any week you work 32 or more hours, or when your gross earnings for the week are equal to or greater than your weekly benefit amount. A partial benefit payment will be made for any week you work less than 32 hours and your earnings are less than your weekly benefit amount.