Blog Accounting

As you are all aware, the federal and provincial announcements have been coming fast and furious and as the situation evolves, so do the measures that have been announced. Already […]

Canada Emergency Response Benefit (CERB) The federal government has just released more information regarding federal financial help for Canadians who have lost income due to COVID-19. The new CERB, which […]

Following is a summary of select measures recently announced as part of BC’s COVID-19 Action Plan. Employment & finances BC Emergency Benefit for Workers – a tax-free $1,000 payment to […]

The following is an important message from the CRA concerning COVID-19 measures for employers: The CRA is closely monitoring the COVID-19 situation, and working with government partners to implement the […]

Year-end remuneration strategies Determine optimal salary-dividend mix for the owner-manager and family members to minimize overall taxes by considering: Marginal tax rates Corporation’s tax rate Provincial health and/or payroll taxes […]

As we approach the end of 2019, there are a number of important tax-related items to consider. Here are a few of them: Income splitting techniques Income-splitting loans: funds can […]

Many owner-managers across Canada chose to adjust staff levels,  wages and prices when the minimum wage was increased. For many, it is still too early to determine the final impact […]

You may have heard about the recent consultation paper that was released by the Department of Finance on July 18, 2017. It addressed tax planning through the use of private […]

In a previous post, we provided information in regards to the above grant. Budget 2016 announced that the program was being expanded so that children born in 2006 can apply for the […]