News Room

Pre-Budget Consultations Now Underway!

Pre-budget consultations are now underway for this fall’s Federal Budget and Canadians are invited to share their views with Finance Minister Francois-Philippe Champagne through an online survey. Over the next several weeks, the Finance Minister and his team will meet with various stakeholder groups and review public submissions before finalizing the budget.

CRA: Plan for Efficiencies Include Decreasing Auditors

The Canada Revenue Agency (CRA) may be stymied by the billions in unreported income flourishing in the underground economy, yet over 3000 full time staff members will soon be cut, according to information obtained by Postmedia News under access to information legislation.

Land Deals: What’s the GST/HST Consequence?

In a recent decision of the Tax Court of Canada (TCC), the honourable Justice Hogan had to decide if a promise to purchase land, as well as the related deposit, constituted a single supply or multiple supplies for GST/HST purposes within the meaning of the Excise Tax Act (the ETA).

Evelyn Jacks: Six Ways to Get Ready for Tax Filing

Happy New Year!  If you want to get a “jump start” on your financial fitness this year, get busy and use the current cold snap to sort tax receipts and speed up your tax refund.

Spotlight on Our Grads - Kathy Lloyd, MFA

Kathy Lloyd earned her MFA-Succession and Estate Planning designation with Knowledge Bureau in 2012 with honours. We are pleased to have Kathy as one of our distinguished grads.

Employment Insurance for the Self-Employed

Self-employed persons are ineligible for regular EI benefits due to lay-offs or business slow-downs. But they can now elect to receive EI benefits for the following benefits...

Is a Website Consider Capital Property?

I am thinking of selling a website I have built. Would that be categorized as a capital gain or business income?
 
 
 
Knowledge Bureau Poll Question

Is the new Canada Groceries and Essential Benefit the right solution to help Canadians with inflation?

  • Yes
    7 votes
    6.8%
  • No
    96 votes
    93.2%