Changing your reported payroll is easy and you can do so at any time. You can make changes to your payroll reporting for the current year or a previous year:
- if you made an error at the time of reporting
- if there is a significant change to your current year payroll estimate
- if you need to change your actual payroll for a previous year
You can make changes to your payroll two ways depending on which is best for you. Report your payroll estimate information via telephone by calling our Assessment Services Department. Within Winnipeg: 204-954-4505 Toll free: 1-855-954-4321 ext. 4505 You can also report your payroll estimate information via email through assessmentservices@wcb.mb.ca. How Do I Make A Change in My Reported Payroll?
Phone
Email
Unfortunately, you are not able to change your payroll estimate online at this time.Can I Change My Payroll Estimate Online?
If you are on a payment instalment plan, the WCB will recalculate your premium estimate right away. The new estimate will appear on your account statement within one month of the change.What Happens After I Change My Reported Payroll?
It’s important to update your payroll information because your premiums are based on this number. If your payroll increases, your premium and payments will increase. If your payroll decreases, your premium and payments will also decrease.
The WCB may charge or pay interest on accounts where there is a difference of more than 25% between your business' under or overstated payroll estimate and the actual payroll submitted.
Interest may be added if you underestimate your payroll amount. The WCB compares your 2022 estimated payroll to your 2022 actual payroll as of June 30 and December 31. For the June 30 time frame, the interest rate is 2.76%. The interest rate for the December 31 time frame is 3.4%.
Interest may be paid if you overestimate your payroll amount. The WCB compares your 2022 estimated payroll to your 2022 actual payroll as of June 30 and December 31. For the June 30 time frame, the interest rate is 0.25%. The interest rate for the December 31 time frame is 0.618%. Please note, interest on inaccurate payroll estimates will not be charged or owing if:Why is it Important to Update My Payroll Estimate Throughout the Year?