Best Bookkeeping

Best Bookkeeping

VOTED BEST BOOKKEEPING Congratulations to the Padgett Business Services Quadra Street Location! They have been voted Best Bookkeeping Tax Service 2022! This is as rated by readers of Victoria News, Saanich News & Oak Bay News and brought to you by VICNews.com...
GST business dispute

GST business dispute

GST/HST on Settling a Business Dispute If you own or manage a business, you occasionally end up in disputes with customers or suppliers over the terms of a contract or payment. Sometimes these disputes are referred to lawyers, and sometimes they end up in court....
Paying Family Members

Paying Family Members

When Paying Family Members When paying family members you need to decide as to whether a salary should be paid to a family member, or more specifically to one’s spouse, numerous questions arise. On one side, there is the question of the risk involved that the salary...
Cryptocurrency Tax

Cryptocurrency Tax

Cryptocurrency Taxation Cryptocurrency is a type of alternative currency, such as Bitcoin, but it is not considered money or currency (“legal tender”). It is a digital asset that works as a medium of exchange for goods and services between the parties who agree to use...
2022 Automobile Deduction Limits

2022 Automobile Deduction Limits

2022 Automobile Deduction Limits and Expense Benefit Rates For 2023 limits read here The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes has increased from $30 000 to $34 000 (plus applicable federal and provincial sales...