Midway into Tax Season…. Why we wait and why we shouldn't! We are now about half way through tax season and many of you still have not filed your income tax returns for 2013! If you are thinking of putting it off further… Don’t!! Many people put off filing their tax returns because...Read more
Source: http://news.gc.ca/web/article-en.do?mthd=tp&crtr.page=1&nid=814289Read more
- The SR&ED program is the single largest federal tax incentive program that supports business research and development.
- The SR&ED program provided over $3.6 billion in tax assistance to over 23,000 claimants in 2012 alone.
- SALT includes clear explanations of key concepts and tips on how to effectively structure an SR&ED claim submission.
Canada is a North American country consisting of ten provinces and three territories. It has many big cities but Toronto is the largest city of Canada and the capital of Ontario. In Toronto, it can be really helpful in paying Tax returns if you have hired the services of either an accountant or a payroll...Read more
In Canada, the power of declaring taxes and carrying out Taxation resides with the parliament. The Federal government is in possession of the basic authority to legislate taxation. But at the same time, the provincial government also holds a stricter and restricted authority for taxing the populace in order to generate income for the purpose...Read more