To facilitate the year-end preparation for your business, we provide following key dates which you may find it helpful to mark down on your calendar. June 30, 2020 – Due date for your HST filing for the period from March 1, 2020 to May 31, 2020 if your business files its HST return on a […]
Key dates for your corporation – April 30, 2020 year-end
To facilitate the year-end preparation for your business, we provide following key dates which you may find it helpful to mark down on your calendar. May 31, 2020 – Due date for your HST filing for the period from February 1, 2020 to April 30, 2020 if your business files its HST return on a […]
Key dates for your corporation – March 31, 2020 year-end
To facilitate the year-end preparation for your business, we provide following key dates which you may find it helpful to mark down on your calendar. April 30, 2020 – Due date for your HST filing for the period from January 1, 2020 to March 31, 2020 if your business files its HST return on a […]
COVID-19 Economic Response Plan – The help you can get for your HST
As part of the COVID-19 Economic Response Plan, the Ministry of National Revenue extended the payment deadline until June 30, 2020 for business with following HST reporting period: HST Collected and due in March, April or May 2020 if your business files HST on an annual basis; HST Quarterly Installment due in March, April or […]
COVID-19 Economic Response Plan – The funding you can get for your business
As part of the COVID-19 Economic Response Plan, the Government of Canada lunched the new Canada Emergency Business Account, which will provide eligible small business with interest-free loans of up to $40,000. Borrowers who repay the loan on or before December 31, 2022 will be entitled to a discount of repayment of up to $10,000 […]
Key dates for your corporation – February 29, 2020 year-end
To facilitate the year-end preparation for your business, we provide following key dates which you may find it helpful to mark down on your calendar. March 31, 2020 – Due date for your HST filing for the period from December 1, 2019 to February 29, 2020 if your business files its HST return on a […]
CSRS 4200 Compilation Engagements
The final version of CSRS4200 – Compilation engagement was released on February 1, 2020. This standard replaces previous Compilation engagements (Section 9200) as well as Assurance and Related Services Guide (AuG05), Compilation Engagements – Financial Statement Disclosures. CSRS 4200 Compilation engagement will be effective for compiled financial statements issued for fiscal year ending on or […]
Key dates for your corporation – January 31, 2020 year-end
To facilitate the year-end preparation for your business, we provide following key dates which you may find it helpful to mark down on your calendar. February 29, 2020 – Due date for your HST filing for the period from November 1, 2019 to January 31, 2020 if your business files its HST return on a […]
2019 T4 & T5 preparation
Your 2019 annual filing for T4/T5 information return and slips is due soon on February 29, 2020. Have you sent in all information required to be reported on your tax slips? If you are unsure about what information to gather from your employees, please call in our office and speak to Sylvia. She is there […]
RRSP Contribution – How much can you contribute?
Your personal tax filing will start soon. Are you planning to make any RRSP contribution before February 29, 2020? Your RRSP contributions are deductible from your personal income. This means that you can either get a refund or pay less taxes. However, the tax law sets out the maximum amount of RRSP contribution that any […]