Table of Contents Non-Resident Canadian Tax Return: A Comprehensive Guide Welcome to our comprehensive guide on filing a non-resident Canadian tax return. If you're a non-resident who has earned income or conducted…
Eligible dividends An eligible dividend is any taxable dividend paid to a resident of Canada by a Canadian corporation that is designated by that corporation to be an eligible dividend.…
If your employer requires you to pay expenses to earn employment income, under certain conditions, you may be eligible to deduct employment expenses. Allowable employment expenses will be reported on…
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…
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:…
In order to receive Canada child benefit (CCB) you have to file your 2015 and any other outstanding tax returns as soon as possible. What is CCB? The CCB is…
Per-kilometre allowance rates that CRA does not consider reasonable If you pay your employee an allowance based on a per-kilometre rate that we do not consider reasonable because it is either…
Where the shareholder is also an employee, following types of loans are not taxable and excluded from income: - a loan to employee who is not a specified employee of…
Usually deduction of meals and beverages cost is limited to 50%. This general rules also applies to the cost of meals and entertainment for employees. However there are few exceptions…