On December 13, 2007, Ontario’s Minister of Finance announce the new tax proposals in the 2007 …
Ontario Increasing Small Business Deduction
By admin on December 16, 2007 
Leave a comment
Category: Tax Alerts
The income you earn online is taxable
By admin on December 6, 2007 Leave a comment
The CRA recently reminded us that the tax laws also apply to online or electronic commerce.
CRA Delay in Issuance of Remittance Forms
By admin on November 20, 2007 Leave a comment
Today, the CRA announced that some employers may receive their remittance forms late
GST Rate Reduction
By admin on November 16, 2007 Leave a comment
As previously announced on October 30, 2007 a reduction has been proposed to change the rate from 6% to 5%.
CRA Warns – Beware of email scams
By admin on November 16, 2007 Leave a comment
The Canada Revenue Agency is warning the public to beware of email scams that are falsely identified as coming from the CRA. If you receive any of these unsolicited emails, the CRA is advising you to delete them immediately. Do… {Read more}
CRA Voluntary Disclosure
By admin on November 8, 2007 Leave a comment
If you owe money to any of the tax authorities because you failed to file a return for one or more years, you can make a voluntary disclosure. You will pay only the tax due plus interest. No penalties will… {Read more}
EI Premium rates to be reduced in 2008
By admin on November 6, 2007 Leave a comment
The Canada Employment Insurance Commission announced that employment insurance (EI) premium rates will be reduced for 2008. For employees, the rate will fall to $1.73 in 2008 (2007 – $1.80) per $100 of insurable earnings. For employers, the rate for… {Read more}
CPP Pensionable Earnings Change
By admin on November 6, 2007 Leave a comment
The Canada Revenue Agency announced November 2, 2007 that the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2008 will be $44,900 – up from $43,700 in 2007. Individual contributors who earn more than $44,900 in 2008 are… {Read more}