BC Wage Increase Analysis
BC Wage Increase Analysis The impact on small business profitability BC Wage Increase Analysis The purpose of BC wage increase is to make housing more affordable in BC for those…
BC Wage Increase Analysis The impact on small business profitability BC Wage Increase Analysis The purpose of BC wage increase is to make housing more affordable in BC for those…
What is BC employer health tax? The employer health tax is an annual tax on certain business in B.C. remuneration paid to employees and former employees in a calendar year…
On June 1, 2020, Province of BC increased the minimum wage to $14.60. The hourly minimum wage is the same for adults and young people. Some professions have a separate…
What is pension income splitting? A tax payer can be able to elect jointly with his/her spouse or common-law partner to split eligible pension income as long as meet all…
B.C. is raising the province's minimum wage to 15.20 by 2021. Also, by Jun 2018, minimum wage will be $12.65. For more information read here
Tutoring services Income Tax Act Section 118.2(2)(l.91) provides that eligible medical expenses may include amounts paid as remuneration for tutoring services provided to a patient where the following conditions are satisfied:…
2016 New Tax Credit for Eligible School Teachers There is a new refundable tax credit for 2016 and beyond: the Eligible Educator School Supply Tax Credit. If you are…
Education and Textbook Tax Credits Budget 2016 proposes to eliminate the federal education and textbook tax credits effective January 1, 2017. This measure does not eliminate the tuition tax credit.…
Budget 2016 proposes to phase out the children’s fitness and arts tax credits: - Effective for the 2016 taxation year, the maximum eligible amount per child will be reduced to…