Tag: Tax news
Changes to Payments to the Receiver General of Canada
We’re writing to inform you about an important update regarding your payments or remittances to the Receiver General of Canada. What’s Changing? As of January 1, 2024, if your payment amount to the Receiver General of Canada is more than $10,000, it must be made as an electronic payment. This […]
Update on T4 Slip Requirements for 2023
We would like to bring to your attention an important update regarding the T4 slip requirements for the calendar year 2023 and onwards. New Requirement It is now mandatory for employers to indicate whether an employee or any of their family members were eligible, as of December 31 of that […]
CCA Immediate Expensing Benefits Ending in 2023
This article is to inform you about an important update regarding the Capital Cost Allowance (CCA) immediate expensing benefits. What’s Changing? Canadian Controlled Private Corporations (CCPCs) have until December 31, 2023, to acquire property eligible for temporary immediate expensing measures. These measures allow eligible businesses to claim up to $1.5 […]
