It is proposed to combine the 8% Ontario sales tax and the 5% GST into a single 13% value-added sales tax that would be federally administered, starting July 1, 2010. There are some made-in-Ontario components proposed: Books, children’s clothing… {Read more}
Category: Tax Alerts
What is the minimum annual withdrawal from a RRIF?
Do you know what is the minimum annual withdrawal from a RRIF?
T4127, Payroll Deductions Formulas for Computer Programs (MC)
The CRA has posted the DRAFT version of Payroll Deduction Formulas as some businesses require timely access
The CRA’s New “My Payment” Service
Did you know that you can quickly and securely send a payment to the Canada Revenue Agency (CRA) from your bank account?
Maximum Pensionable Earnings for 2010
Did you know that the maximum pensionable earnings under the Canada Pension Plan (CPP) for
EHT & Remuneration
Employer Health Tax (EHT) is payable by employers who pay remuneration to
Home Office Expenses
In a recent Tax Court of Canada case, the taxpayers operated a partnership in their home and deducted costs for
Medical Expenses For Children Under 18
Did you know that medical expenses for children under 18 at the end of the year can be included in
Remuneration
Employer Health Tax (EHT) is payable by employers who pay remuneration to employees and former employees who report for work at a permanent establishment in Ontario.
Improvements to Electronic Records of Employment
ROEs submitted electronically to Service Canada’s system are available immediately to support EI cliams.