Personal tax Archives - CPA Accountant and Tax Advisor- Coquitlam, Burnaby, Maple Ridge

CRA Tax Credit

2016 New Tax Credit for Eligible School Teachers

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 an eligible educator you can now claim a 15% refundable tax credit on up […]

Read more

Universal child care benefit (UCCB)

Under proposed legislation, the Government is increasing and expanding the UCCB starting in 2015. The UCCB is being enhanced by providing up to $1,920 per year for each child under the age of 6, and introducing a new benefit of up to $720 per year for children […]

Read more

Salary or Dividend – Which One Is Better?

When tax planning for your next tax return, you may want to keep in mind whether to earn income through salary or dividends.

The owner or manager must determine the remuneration they wish to receive, and must therefore determine the optimal salary and dividend combination to maximize their […]

Read more