Personal Taxes and Finance Archives - Page 2 of 8 - CPA Accountant and Tax Advisor- Coquitlam, Burnaby, Maple Ridge

Canada Child Tax Benefit

How to receive Canada child benefit?

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 a monthly tax-free payment for families with children under the age of 18. It will […]

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2016 Federal budget

2016 federal budget proposes to keep the small business tax rate at 10.5 % after 2016. As a result, the budget also proposes to maintain the dividend gross-up rate at 17% and dividend tax credit (21/29 of the gross-up rate) rates applicable to non-eligible […]

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Rental Income Tax Return

How to Prepare Rental Income Tax Return

Rental Income Tax Return

Rental income is an income you earn from renting a property you own. Rental income is a great source of secondary income and helpful to pay extra bills. However, under the Income Tax Act rental income is taxable must be included on […]

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Automobile taxable benefit

Automobile Taxable Benefit

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 too high or too low, it is a taxable benefit and […]

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