Over the last several weeks I seem to have had an influx of new clients who are suffering from bad bookkeeping. I don’t know if it is because so many business owners are submitting their books to their accountant for year end, but it does seem like February and March...
This is another bookkeeping and accounting question that we’d like to use this blog to address. The simple answer is no. The government has decided to allow “point of sale” rebates on certain products or services. What this means, is that on some items you can provide...
It’s that time of year again, fellow Canucks! From an article at About.com’s Small Business Canada section, written by Susan Ward: GST/HST for the reporting period July 1st to September 30th is due October 31st. Remember that if you are a GST/HST registrant, you must...
We recently received this email from Intuit, detailing some upcoming important tax changes for changes to sales tax in British Columbia and Prince Edward Island, which will take effect on April 1, 2013. The email also provides some information on how to update your...
By now you should have received a cheque in the mail from CRA which is your Small Business Transition Support Payment for HST. If you aren’t sure why you received the money, it is as a result of the introduction of HST in Ontario on July 1, 2010. The Ontario...
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