The Luxury Tax

The Luxury Tax, has implemented the Royal Assent on June 23, 2022. This tax will apply to new cars and aircraft with a retail sales price over $100,000 and to vessels over $250,000. It will be calculated at the lesser of 20% of the value above a set threshold ($100,000 for cars and personal aircraft, […]

Navigating CEBA Loan and Corporate Tax Return Services Canada

Navigating CEBA Loan and Corporate Tax Return Services Canada

Navigating CEBA Loan and Corporate Tax Return Services Canada Tax Return Filers July 18, 2023 Uncategorized Introduction In the wake of financial uncertainties brought on by the pandemic, the Canadian government introduced the Canada Emergency Business Account (CEBA) program, offering interest-free loans to small businesses and non-profit organizations. While the loan provides much-needed support, it’s […]