The Ultimate Guide to Canadian Year-End Payroll For Canadian businesses, processing year-end payroll is a crucial task that demands accuracy and close attention to detail.
Canadian homeowners who frequently rent properties on Airbnb & other sites must pay a 13% tax when selling it When you sell your house, you
Bank of Canada cuts interest rate in October 2024 As the world economy continues to grow, the Bank of Canada significantly reduced its key lending
The government has announced significant new support to help small business owners A comprehensive set of measures to support small and medium-sized businesses in their
Financial Planning For Retirement Calgary: Your Complete Guide to a Secure Future Are you prepared for your golden years in Calgary? Financial planning for retirement
What is a T5 slip? A Comprehensive Guide What is a T5 slip? As a Canadian resident, the tax season approaching means innumerable forms to
Ontario’s Minimum Wage Set to Increase on Oct 1st, 2024 The minimum wage in Ontario will rise by $0.65 to $17.20 per hour for the most workers as of October 1, 2024. After British Columbia, Ontario now has the second-highest provincial minimum wage in Canada, with a 3.9% increase over the current rate. The following are the new minimum wage rates in Ontario: General Minimum Wage: $17.20 Student Minimum Wage: $16.20 Homeworker Minimum Wage:
How to Use My CRA Business Account to Authorize a Representative Adding an authorized accountant as your representative with the Canada Revenue Agency (CRA) allows
Qualifying for Employment Insurance (EI) as a Business Owner in Ontario Can business owners in Ontario qualify for Employment Insurance (EI)? It can be difficult
Are You Eligible for Automatic Free Tax Filing with the CRA? Did you know that some Canadians qualify for automatic tax filing service through the
What is a Shareholder Loan? A Comprehensive Guide for Business Owners Introduction As a business owner or self-incorporated individual, managing cash flow effectively is crucial
Canada’s new Digital Services Tax Act is now in force After the measures received Royal Assent on June 20, 2024, Canada’s Governor in Council set