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Canada Day, also the first day of HST officially apply to British Columbia and Ontario.
Who To Call for HST Questions?
CRA has taken serious step to assist business on this transition. Even Canada Day they are still working to serve us. If you have any questions regarding HST you can call 1-800-959-5525 from 9:15am – 8:00pm.
HST [...]
July 1, 2010 is an important day for all of Ontarians. Ontario has proposed a tax reform to follow some other province’s’ footsteps to combine both GST and PST into one, called Harmonized Sales Tax (HST).
Right now we in Ontario are paying both GST and PST in some items, while other items we only [...]
Time flies! Half a year has almost passed by us. If you have been trying to fix up your living space, and haven’t have time to act on it, this is the time. Why? Because we have a home renovation tax credit (HRTC) only for this year. To be more accurate, it is for any [...]
The deadline to file your income tax return is approaching quickly. Only three more weeks to April 30th, and you still haven’t received your T4 from your employer! Despite efforts of trying to get in touch with the employer, still you have nothing. A lot of people haven’t received their T4 slip from their employer [...]
Tax season is approaching. By now you should have received your income slips from your employer. If you are a business owner, you probably also wants to find out how much tax you will need to pay for all the income you earn in the year 2008. Without going into all the budgets nutty gritty [...]
As tax time approach, and since I have nothing btter to do on the bus ride home, let me take this opportunity to remind you the tax deadline, and don’t forget to get the most tax refund you can!
Deadline for submitting you tax return to CRA are as follows:
Deadline for Individual: April 30, 2009
Deadline for [...]
Although I have posted this deadline last year, I would like to remind you on the day as the deadline for submitting T4 slips for your payroll is approaching very quickly. This also applies to all other slips that you need to give to your employees and shareholders, such as T3, T5, T4A, etc.
Deadline for [...]
Other than fiscal spending to stimulate the economy, spending on infrastructure and such, I am going to focus on the tax benefits introduced just yesterday in Jim Flaherty’s Budget 2009. It is important to note that, this budget has not been accepted by all parties, so all of the benefits stated below are “proposed”. We [...]
2009 has begun, and you are already seeing a lot of promotions from banks and other financial institutions on this thing called Tax-Free Savings Account – TSFA. If you have a banker or a financial advisor to handle your investment and retirement portfolio, you will probably receive calls from them once they come back from the [...]
I have posted an article about How to Pay Yourself about a year ago during peak business fiscal year end, and this year I have been having getting feedbackand questions on how to reimburse yourself.
If you search the web or asked a few accountants, you will probably get the idea that the easiest way to [...]
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