What is Toronto’s Vacant Home Tax (“VHT”)? The City of Toronto will levy Vacant Home Tax of 1% on unoccupied residential property(s), with the goal of increasing housing supp
What is the Underused Housing Tax (“UHT”)? UHT is an annual federal 1% tax on the ownership of vacant or underused housing in Canada. While the government’s aim was to target
The complications resulting from the COVID-19 pandemic are evolving at a rapid pace. As new information becomes available, we will continue to adapt to how we manage our business.
On April 11, 2020, the 75% wage subsidy (the “subsidy” or “CEWS”) received royal assent and is now law.
One thing is for certain the impact on businesses will only worsen as the virus continues to spread – so we are recommending that our clients prepare for the worst-case scenario.
The complications resulting from the COVID-19 pandemic are evolving at a rapid pace. As new information becomes available, we will continue to adapt to how we manage our business.
We get it – you’d rather do anything other than bookkeeping. It seems like an administrative burden and a time-sink, but it doesn’t have to be!
Relief during COVID-19 On March 18, 2020, the Canadian government announced a $27B plan to reduce the economic impact of the COVID-19 outbreak for both individuals and businesses t
For those eligible for the Canada Child Benefit (“CCB”) the government is increasing the payment amount by $300 per child for the 2019-20 benefit year. The payment will be made
Is a holding Company right for me? Do I need a holding company in Canada? Let’s start with a simple question: What is a holding company? Holding companies, ordinarily, do not run