2022 T4 Income Tax and CPP Remittance
In the course of preparing the 2022 financial statements for your organization, you may recall that it was necessary to declare management salaries in addition to any salaries or wages you may have paid to regular employees. If you have not made any payroll remittances for 2022 for your management salaries, please contact Marnina Nattrass […]
What’s New with Trusts in 2022?
For 2022 and subsequent tax years, Budget 2018 proposed a new reporting obligation that requires express trusts to report the identity of all trustees, beneficiaries, and settlors of the trust. These changes are being made to improve the collection of ownership information to help Canada Revenue Agency assess the tax liability for trusts and its […]