Contrary to what a lot of us may believe, change is a process that takes time, not an event that instantly changes everything. Nina Kaufman’s article on the power of “one” discusses how all you need to get to someplace better is one shift, one new action. There are many transforming actions you can take, [...]

For meal expenses, the simplified rate is unchanged from 2008, a flat rate of $17 a meal or $51 per day, per person is allowed without receipts. If you choose the detailed method, you must keep your receipts. For the simplified method of claiming vehicle expenses for trips relating to the northern residents deduction, moving [...]

To encourage investment by businesses in computer systems and related peripherals, the Income Tax Regulations were amended on May 13, 2009 to add new Class 52 to Schedule II with a 100-per-cent tax depreciation rate for eligible computers and software acquired after January 27, 2009 and before February 2011. Visit the CRA web site for [...]

You’ve heard the saying “when the going gets tough, the tough get going.” It’s great advice to follow, especially in an economy where people are keeping closed fists on their wallets. As a small business you might be asking, I want to “get going” but how do I do it? These ten tips from Women’s [...]

Canada Revenue Agency Bulletin B-103: Place of Supply Rules for Determining Whether a Supply is Made in a Province. The Tax Detective We also recommend checking out Eileen Reppenhagen’s web site, the Tax Detective. Eileen’s site includes links to a wealth of bulletins, articles and other information related to HST. Fraser Institute – Countering the [...]

Administrative Policy Changes for Taxable Employment Benefits to reduce a number of administrative difficulties and increase fairness include: Overtime Meals and Allowances Provided to Employees Municipality or Metropolitan Area Loyalty Programs Employer Provided Motor Vehicles Required to be Taken Home at Night Non-cash Gifts and Non-cash Awards Surface Transit Passes Provided to Family Members of [...]

And, without further ado, we bring you the newly-implemented HST in BC and Ontario. Many a business owner will no doubt find themselves running into a few hiccups along the way when transitioning into the new tax’s sometimes-confusing rules, particularly with regards to place of supply when doing business with customers in other provinces. Have [...]

General rules are provided by the BC Government to help guide businesses and consumers in a smooth changeover to the proposed Harmonized Sales Tax (HST) in July 2010. The HST Transition Rules specify technical details about paying the HST in the period around July 1, 2010. Overall, the HST would apply to goods and services [...]

These days, if you’re like a lot of companies, money is tighter than ever and it’s critical to prioritize expenditures and get the biggest bang for your buck. Sometimes, this means putting things on the back burner that you may otherwise choose to invest in to ensure the growth and advancement of your company. Employee [...]

We came across an interesting article published at the SelfGrowth.com web site that discusses a dozen personality types that are prone to hampered productivity. Recognize any of these in your office? Here’s the list. Read the full article to learn how to spot each type and how to work with them for better productivity and [...]

NALH is pleased to welcome the newest addition to our staff, Connie Jiang. Connie holds a Bachelor’s Degree of Science and graduated from McGill University’s Accounting Diploma program in 2004. Connie brings more than 5 years experience working in Chartered Accountant firms to her position at NALH. Want to know more about our ever-growing team [...]