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Beware as Canada Revenue Agency Cracks Down on Personal Service Businesses

March 6th, 2012

While setting up a corporation may seem like a good idea if you’re self-employed, it can have serious tax consequences in certain instances. If Canada Revenue Agency determines that you are, effectively, an “incorporated employee”, it may disallow a number of business expenses as well as the small business deduction which normally applies to the […]


Posted by: nalh
Categories: Government News,Newsletter Articles,Tax News
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How Will Changes to the Canada Pension Plan Affect Your Retirement Plans?

February 22nd, 2012

Every three years, federal, provincial and territorial Finance ministers review the Canada Pension Plan (CPP) to determine if benefits and/or contribution rates should be changed. Recommendations are based on a number of factors, including whether or not the Plan is meeting the needs of Canadians. Following their review of the CPP in May 2009, the […]


Posted by: nalh
Categories: Government News,Newsletter Articles
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