CANADA PENSION PLAN MODIFICATIONS FOR 2019
Changes to the Canada Pension Plan, which were announced in 2016, will come into effect on January 1, 2019. At... View Article
READ MOREBC SPECULATION AND VACANCY TAX INTRODUCED
The provincial government of British Columbia has introduced legislation which will tax those individuals who own multiple homes in certain... View Article
READ MOREProvincial Education Credit Eliminated… (Again)
There has been another change to the education tax credit for students in British Columbia. As discussed in the Autumn... View Article
READ MOREShort Term Accommodations Taxed
Effective October 1, 2018, new rules will be in place for short term accommodation providers in British Columbia. As of... View Article
READ MOREDid you know…
If an employer provides a free party or social event to all its employees and the cost is $150 per... View Article
READ MOREMinor Income Splitting Adjustments Introduced
As part of the 2018 budget, the government announced that there will be no further changes to income sprinkling rules... View Article
READ MOREDid you know?
There are several provinces in Canada who already have a payroll tax system in place, including Manitoba, Ontario, Quebec and... View Article
READ MORECalculation of Work in Process Clarified
Additional clarification has been provided regarding rules related to the reporting of Work in Process (WIP) of certain professionals. Professionals... View Article
READ MOREPassive Income Tax Changes Relaxed
In the summer of 2017, the federal government proposed changes to the taxation of passive investment income of private corporations... View Article
READ MOREEmployer Health Tax Introduced
Beginning in January 2019, the provincial government will introduce a new Employer Health Tax (EHT). The EHT will replace the... View Article
READ MORE