VANCOUVER (NEWS 1130) — If you’ve got some outstanding payments for MSP premiums, you may be getting a letter from the Canada Revenue Agency soon.
As of Jan. 1, MSP premiums are no longer, but that doesn’t mean anyone is off the hook for previous unpaid bills.
RELATED: British Columbians will no longer pay MSP premiums come 2020
Over the years, the unpaid MSP premium total has added up and now amounts to $422 million owed to the province.
The Canada Revenue Agency is sending out letters to those who need to settle up — informing them outstanding MSP premium payments will be deducted from any tax credits or refunds you would otherwise be entitled to.
The province has sent out final bills for MSP premiums–but it’s still looking to collect on previously missed payments. If you owe dough, you could be getting a letter from CRA informing you it will deduct MSP debts from tax credits or refunds you’d otherwise get. More @NEWS1130
— Martin MacMahon (@martinmacmahon) January 8, 2020
The province assures us the bulk of the unpaid money is historical — and not a case of people recently deciding not to pay in the lead up to the payment’s elimination.
Those with low incomes are eligible for retroactive payment assistance.
