Gift and Award Government Policy Update
An Early Gift from the Federal Government The Federal Government has updated its administrative policy regarding what they consider a near-cash employee gift or award. When we last addressed employee gifts and awards, the Federal Government considered all gift cards to be a near-cash amount and, consequently, taxable when received by an employee. Under the […]
Federal Government’s 2022 Fall Economic Statement Summary
On November 3, 2022, The Deputy Prime Minister and Minister of Finance Chrystia Freeland released the Federal government’s annual Fall Economic Statement. We are pleased to provide you with a link to CPA Canada’s summary of tax measures for your perusal. Other non-tax measures highlighted in the economic statement are measures to support Canadians such […]
Canadian Federal and Provincial Sales Tax Rates
Here is a summary of the Canadian Federal and Provincial Sales Tax Rates currently in effect.
Pay Attention When Paying Your Taxes Online Through Your Bank
Over the last few months many of us have had to change the way we do things as a side effect of the current COVID-19 pandemic. Included in these changes is the way we pay our income taxes: as many of us have switched to online payments instead or writing cheques or going to the […]
Saskatchewan E-Commerce for Non-Resident Suppliers PST Changes
On June 2020, the Saskatchewan Ministry of Finance expanded the application of the PST to digital platforms. Three categories of digital platforms were added and the changes will apply as follows.
New CRA Approach to E-Commerce for Non-Resident Suppliers
Canada Revenue Agency (CRA) announced changes to its approach to e-commerce for non-resident suppliers of goods, digital products and services. Here is how to navigate through them, as they may have significant impact on your business.
