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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 [...]
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 [...]
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 [...]
To file your personal income tax return, you can:
Go to any postal office and pick up a Tax Package if you have not received one from your mail.
Go to http://www.cra-arc.gc.ca/formspubs/t1general/menu-e.html, select your province and print out those forms that you need.
File online. There are software or even online filing available for a small cost. Example: [...]
This is pretty much the same as every year. But just in case you forgot, here it is!
DEADLINE FOR FILING TAX: APRIL 30, 2008
Related Articles:
Canadian Tax Tips 2007 – What can you claim?
How to file your own tax
File Tax Online – Netfile vs Efile
Need Bookkeeping Services? We can help. Contact us at 416-628-2036, or email [...]
There are two ways you can file online. If you are filing your own tax and have been browsing the CRA website, you should know that there are two options: Netfile, and Efile.
So what is the different? Which one should you use?
Netfile is intented to use for personal or family use only. Each Netfile software [...]
This method is used by a lot of business owners, directors and other board members, since they are investors of the business.
What is Dividend?
Dividend is the return on investment from the business you invested in. There are two types of dividend: eligible and other than eligible dividends.
What is Eligible Dividend and Other-than-Eligible Dividend?
Legislative Proposals on [...]
Deadline is closed to file your T4 to your employees and maybe yourself. CRA actually make it easy for you the employer to file T4 (as usual government invest lots of tax payers’ money to ensure the CRA their money!)
What do you need to file:
1. T4 slips for all your employees
2. T4 Summary form
You can [...]
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