Are you an emigrant?

Generally, you are an emigrant for income tax purposes if you meet all the following conditions: you leave Canada to live in another country you sever your residential ties with Canada Severing your residential ties with Canada means that you do not keep your main ties with Canada. This could be your case if: you dispose of or give up your home in Canada and establish […]

Calculating Payroll Tax in Canada: A guide for small businesses

It’s easy for Canadian small business owners to get caught up in payroll complexity. According to a recent government report, approximately 90,000small businesses shut down every year in Canada — as a result, effectively managing payroll is critical to ensure long-term business success. We’ve puttogether a guide the tells you all you need to know in order to […]

Employee home office expenses: Special rules for 2020 claims

With millions of Canadians working from home in 2020, the Canada RevenueAgency (CRA) is bracing for an onslaught of new home office expenseclaims. Learn about the special rules for making these claims. RECENTUPDATES February11, 2021 Update on home office expenses and form T2200 CPACanada (/en) The CRA has responded to us on a number of […]