Bateman MacKay LLP 2019 Tax Planning Guide

Bateman MacKay LLP 2019 Tax Planning Guide

As 2019 comes to a close, a review of your personal and corporate finances may allow you to take advantage of tax-saving opportunities that may be available. With the Liberal government elected to a minority government this year, supported by the NDP and Green Party,...
Updated Requirements for Input Tax Credits

Updated Requirements for Input Tax Credits

When sending or receiving invoices, ensure the name and business number of the supplier is listed or you may lose out on ITC claims. Input tax credits (ITCs) are the sum of GST/HST paid on legitimate and reasonable businesses expenses. A business can claim ITCs to...
CPP Maximum Pensionable Earnings Increase for 2020

CPP Maximum Pensionable Earnings Increase for 2020

The Canada Revenue Agency (CRA) has announced the maximum pensionable earnings for 2020. In accordance with the Canada Pension Plan (CPP) enhancement announced in 2016 and further explained here maximum pensionable earnings, contribution rates and maximum contribution...
2019 Federal Election: Small Business Platform Comparison

2019 Federal Election: Small Business Platform Comparison

With the 2019 Federal election right around the corner, many campaign promises have been made across the political spectrum. This serves as a non-partisan overview of the key promises that will have an impact on small and medium sized businesses and their owners. This...