The 2024 Federal Budget was released late this afternoon. While many of the new Federal Government programs were announced in the past few weeks, the Budget contained lots of new tax considerations that individuals and business owners need to be aware of. Lately, there has been talk about the “Positive Sandwich” around the Office. It is…
Update: Yesterday, August 4th, I have purchased a proprietary tool to assist our clients with the calculations of the Canada Emergency Wage subsidy. This tool allows us to stay up to date with all the new changes in the calculations as well as always be up to date with calculations for our clients! The tool…
On Saturday, Parliament passed bill C-14 which included the details of the Canada Emergency Wage Subsidy (CEWS) for businesses across Canada. Below is our overview of the program and how it can help businesses. The program is a 75% wage subsidy for a 12 week period, retroactive to March 15, 2020. Eligible Employers are: Individuals;…
Bill C-13 is currently making its way through the Senate as I write this. I have taken an opportunity to review the bill as passed by the House of Commons and this is my summary. If there are any changes to the Bill or additional information becomes available, this post will be updated to reflect…