Do you know that employers have to pay Employer Health Tax (EHT) on the remuneration (wages, bonuses, benefits, etc.) paid to employees or former employees who: Report for work at a permanent establishment of the employer in Ontario, or… {Read more}
Tag: corporation
Ontario Harmonized Sales Tax (HST)
It is proposed to combine the 8% Ontario sales tax and the 5% GST into a single 13% value-added sales tax that would be federally administered, starting July 1, 2010. There are some made-in-Ontario components proposed: Books, children’s clothing… {Read more}
GST/HST rebate for new housing purchases and substantial renovations
If you build or purchase a new home, you may qualify for a rebate of a portion of the GST/HST paid
What is the minimum annual withdrawal from a RRIF?
Do you know what is the minimum annual withdrawal from a RRIF?
T4127, Payroll Deductions Formulas for Computer Programs (MC)
The CRA has posted the DRAFT version of Payroll Deduction Formulas as some businesses require timely access
The CRA’s New “My Payment” Service
Did you know that you can quickly and securely send a payment to the Canada Revenue Agency (CRA) from your bank account?
Should You Incorporate Your Business?
If you own a business, you may have wondered if you should incorporate…
Compliance Refund Hold
On April 1, 2007 legislation allowing the Canada Revenue Agency to withhold refunds…
Shareholder/Employee Loans
Settle outstanding shareholder loans and interest…
Directors of a Corporation
The CRA requires that you let them know when the directors of your corporation change…
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