Newsletters

23
Mar

Here is a highlight of items proposed changes for Changes to GST/HST: Health Measures Zero-Rated Medical Devices Budget 2016 proposes to add insulin pens, insulin pen needles, and intermittent urinary catheters to the list of zero-rated medical devices. This measure will, with certain exceptions, apply to supplies made after Budget Day Purely Cosmetic Procedures Budget 2016 proposes to clarify that the GST/HST generally applies to ...

23
Mar

There has been many proposed changes that will affect corporate taxes; some of the things that may affect you are highlighted below. Small Business Income Tax Rate Budget 2016 proposes that the small business tax rate will remain at 10.5 per cent after 2016. In order to preserve the integration of the personal and corporate income tax systems, Budget 2016 also proposes ...

23
Mar

There has been many proposed changes that will affect personal taxes; some of the things that may affect you are highlighted below. Canada Child Benefit Budget 2016 proposes to replace the Canada Child Tax Benefit (CCTB) and Universal Child Care Benefit (UCCB) with a new Canada Child Benefit. The Canada Child Benefit will provide a maximum benefit of $6,400 per child under ...

23
Mar

Here are some of the proposed changes to the following programs that may be of interest to you. Employment Insurance (EI) Improvements Budget 2016 proposes many changes to the EI rules, including the following: elimination of the higher eligibility requirements for new entrants and re-entrants to the labour market - effective July 2016, they will be subject to the same requirements as any ...

03
Mar

It is that time of the year again to start organizing your receipts and keeping track of tax forms that are coming in from your financial institution. Also, here are some items to consider when preparing your tax return for 2015: 1)With a new tax bracket coming for the 2016 tax year for income earned in excess of $200,000, there may be ...

08
Dec

It is that time of the year again to start organizing your receipts and keeping track of tax forms that are coming in from your financial institution. Also, to avoid the rush of RRSP contributions, be sure to give us a call early to ensure that you have the correct contribution and deductions limits in 2014. Should you need any ...

19
Jul

Suter Brook Merchant Summer Block Party 2013 to be held on August 17th from 10:00am - 2:00pm Come out and have some fun!

08
Nov

Starting on April 1, 2013,  British Columbia’s 7% provincial sales tax (PST) will be re-implemented.  There has been little information regarding this process until recently when the Provincial Government released some basic details of what this entails.  We have summarized some of the major points below: GOODS AND SERVICES SUBJECT TO PST There is little change from the previous PST legislation.  The ...

19
Oct

If you had a little extra money and you wanted to save it, what is the best route?  This problem is one of the biggest issues for individuals to think about.  Would you put the amount in a TFSA, RRSP or simply pay down your debts?  Well, if you do decide to invest in a TFSA account, there are a ...

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