Canada Revenue Agency (CRA) has granted the mutual fund industry a reprieve on one of the year’s most significant tax changes. After months of industry ...
Some important changes to the taxation of psychotherapy and counselling therapy services were announced this week. While the House of Commons has ...
If you have ever taken a closer look at your grocery or fast-food bill you may have noticed the calculation of GST/HST is not always obvious. There are ...
The scope of GST/HST can often create confusion for physicians and health care providers due to the specifics contained in the general exemption for ...
On April 1, 2025, the rate of GST/HST in Nova Scotia will be reduced from 15% to 14%. The change is the first GST/HST rate change across Canada since ...
With Taylor Swift taking over Toronto, homeowners who rent out their home on a short-term basis could find themselves saying, “Look What You Made Me ...
Mistake 1: Not Registering for GST/HST on TimeOne of the biggest mistakes solopreneurs/business owners make is that they wait too long to register for ...
On November 27, 2024, Finance Minister Chrystia Freeland tabled Bill C-78. Included in this bill, the Canadian government has announced a significant ...
What are the Quick Method RatesIf 40% or more of your sales are from goods that were purchased for resale e.g. All objects or things that may be ...