by Rina | Feb 3, 2022 | Uncategorized
Anyone planning a getaway within the province in the 2022 tax year could be eligible to receive new “Ontario Staycation Tax Credit” Ontarians would get a 20% personal income tax credit on eligible accommodation between Jan. 1 2022 and Dec. 31 2022, up to a...
by baskin35 | Feb 2, 2022 | Uncategorized
RRSP (Registered Retirement Savings Plan) is a personal savings plan with tax benefits. It can hold various qualifying investments, like stocks, bonds, mutual funds, etc. Your contributions will betax deductible and any growth will betax-deferred As an example, let’s...
by baskin35 | Jun 14, 2020 | Uncategorized
As a Canadian business owner, you are not required to incorporate your business. However, doing so has a lot of interesting benefits. It could help you potentially lower your tax rate, reduce debt liability, and help you with better access to business loans. It also...
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