Financial Planning Archives - Page 3 of 5 - CPA Accountant and Tax Advisor- Coquitlam, Burnaby, Maple Ridge

tax planning

Automobile Taxable Benefits

Employee’s benefit

Report the value of the benefit including the GST/HST that applies in box 14, “Employment income,” and in the “Other information” area enter code 34 at the bottom of the employee’s T4 slip.

Also, report the benefit […]

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2015 taxes

What’s new for the 2015 tax filing season

CRA has outlined a number of new or updated tax relief measures. Some of these new measures are:

– Children’s fitness tax credit – maximum increased to $1,000 per child
– Search and rescue volunteer tax credit amount – up to $3,000.
– Family tax credit – couples with children under […]

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Enhanced Universal Child Care Benefit

Enhanced Universal Child Care Benefit

On October 30, 2014 government proposed to increase the monthly UCCB benefit by $60, from $100 to $160 for each eligible child under the age of 6 years effective January 2015. The October 30 announcement also includes a proposal for a monthly UCCB benefit of $60 for an […]

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