Freight Transportation Carriers You may be wondering, what are freight transportation carriers? This refers to services that transport goods including mail delivery and courier services. Additionally, it includes the services that are “incidental” to a freight transportation service like warehouse, packing and loading services that are provided by the carrier. This carrier supplies the freight […]
The Obligations Regarding Your Not-For-Profit Tax Return Filing If you manage a registered NPO and are wondering about your Not-For-Profit Tax Return Filing as well as any obligations that you may have, we’ve compiled a summary of any information that you will need to do so. All the information provided is sourced from the Government […]
Canadian Self-Employed Filing Deadline for 2021 Tax Filing Wednesday, June 15, 2022 is the self-employed filing deadline for the income tax and benefit returns from 2021. What taxes do self-employed individuals pay in their income tax return? Personal Income Tax Canada Pension Plan Contributions Employment Insurance Premiums This is only required if you are eligible […]
GST Filing has changed in Canada as of July 1, 2021. This change meant that digital economy business including platform operators may have potential GST filing obligations. There are 3 main types of businesses affected which may need to register, charge and collect GST as well as ensure customers are paying GST on the specified […]
Training Tax Credit and How You Can Benefit Since 2019, the Canadian federal government has implemented a refundable tax credit called the Training Tax Credit to be used on eligible tuition and fees paid for courses taken in 2020 and subsequent tax years. This tax credit considers each individuals training credit limit for the taxation […]