by Chris Hammond | Jun 21, 2016 | News
If you have a website or a blog and you charge for advertising, links, or reviews, you must report the income on your Canadian income tax returns. Send invoices to your clients and customers. If your invoices exceed $30,000 in the last four consecutive calendar...
by Chris Hammond | May 27, 2016 | News
Self-Employed Canadians Can Access Employment Insurance (EI) Special Benefits There are four types of EI special benefits: Maternity benefits (15 weeks maximum) available to parents of a new born child. It covers the periods surrounding birth. A claim can be submitted...
by Chris Hammond | Apr 21, 2016 | News
These changes affect you if you are: An employee who contributes to the Canada Pension Plan (CPP), whether you are just starting your career or you are planning to retire soon; A self-employed person who contributes to the CPP; Between the ages of 60 and 70 and you...
by Chris Hammond | Mar 18, 2016 | News
Several Provinces have increased or will increase their minimum wage rates in 2016. This list details the wage rate changes taking effect in 2016. Jurisdiction Rate New/ Current Previous Rate Effective Date Alberta $11.20 $10.20 September 1, 2015 B.C. $10.45 $10.25...
by Chris Hammond | Feb 22, 2016 | News
Employer-Paid Disability Premiums If you think that paying for your employee’s disability premiums is always a good thing, think again. If you provide your employees disability as a nontaxable fringe benefit, payments they receive upon their disability will be, in...
