The Government of Canada has announced temporary goods and services tax / harmonized sales tax (“GST/HST”) relief on children’s clothing, toys, games, books, food and bevera
3 min read
December 2, 2024
Insights
Capital gains inclusion rate The capital gains inclusion rate will increase from 50% to 66.67% for capital gains realized on...
4 min read
April 22, 2024
K&P CPAs, a boutique licensed public accounting and valuations firm based in Toronto, Canada, is pleased to announce its adoption...
2 min read
February 26, 2024
Introduction Canada is currently experiencing a significant demographic shift that is reshaping the landscape of wealth distribution: the inter-generational transfer...
3 min read
February 6, 2024
Introduction Clients often approach us inquiring about what a business valuation entails. Their interest stems from many situations that include:...
8 min read
February 6, 2024
Introduction Business owners often benchmark their businesses against a rule of thumb to identify a preliminary valuation for their business....
4 min read
February 6, 2024
Businesses must repay their CEBA loan by January 18, 2024, to be eligible for the forgivable portion of the loan....
3 min read
January 15, 2024
Certain trusts, including bare trusts, that were previously not required to file a trust return, will be required to do...
4 min read
January 11, 2024
Bare trusts will be required to file a T3 Return, and report beneficial ownership information on Schedule 15. The new...
5 min read
January 11, 2024
On October 19th, 2021, the Government of Ontario launched the Ontario Business Registry online service to provide businesses and not-for-profit...
4 min read
January 9, 2024