by Guy Desmarais | Dec 9, 2024 | Business Articles, Industry News
The Canada Revenue Agency (CRA) has updated its website to include new information on how the proposed goods and services (GST) and harmonized sales tax (HST) break would apply for restaurants and for businesses in a supply chain. There are unique considerations for...
by Guy Desmarais | Dec 6, 2024 | Business Articles, Industry News
On November 27, 2024, the Government of Canada introduced legislation for the proposed measure to provide a GST/HST break on certain items beginning December 14, 2024, and ending February 15, 2025. Information sessions The CRA is hosting information sessions on the...
by Guy Desmarais | Dec 5, 2024 | Business Articles, Industry News
The Government of Canada has?announced a proposed measure?to?provide GST/HST relief on certain items?beginning December 14, 2024, and ending February 15, 2025. On this page Which types of items would have GST/HST relief How to get this tax break as a shopper What to...
by Guy Desmarais | Nov 25, 2024 | Business Articles, Industry News
The Canada Revenue Agency would like to share updates on the distribution timeline for the Canada Carbon Rebate for Small Businesses. Before contacting us, we recommend visiting our website to view eligibility requirements. When you will get the rebate You do not need...
by Guy Desmarais | Nov 4, 2024 | Business Articles, Industry News
What’s new? In 2024, a second earnings ceiling was introduced, the Year’s Additional Maximum Pensionable Earnings (YAMPE). The YAMPE is used to determine second additional Canada Pension Plan contributions (CPP2). In 2024, the YAMPE is approximately 7%...
by Guy Desmarais | Oct 18, 2024 | Business Articles, Industry News
Hi, I’m Charlie! Charlie the chatbot. You can find me on the Canada.ca/CRA webpage where I can answer questions about your business and other tax-related matters. From January to June 2024, I was asked just over 1,100,000 questions in English and 160,000...
