BC Provincial Sales Tax Returns: Onward into the Past
As readers will be well aware, the HST is being scrapped, and we are bringing back the provincial sales tax on April Fool’s Day, 2013. We thought it might be entertaining, and hopefully even useful, to review the history of this whole escapade, and its players . . . First, Some Sales Tax History: BC’s former […]
Lohn Caulder Introduces Internet Banking
We’ve been busy modernizing some of our procedures over the summer and fall. One of our changes that’s getting very positive feedback is Internet banking. That means you can now pay our account via your bank’s, or other financial institution’s, bill payment website. It costs you, and us, nothing to use this method of payment, […]
Changes to the Canada Pension Plan (CPP)
The CPP is changing, beginning in 2012. These changes include the following, taken from the Service Canada website: Your monthly CPP retirement pension amount will increase by a larger percentage if you take it after age 65. Your monthly CPP retirement pension amount will decrease by a larger percentage if you take it before age […]
Are you a U.S. Citizen or a U.S. ‘Green Card’ Holder?
Are you a U.S. Citizen or a U.S. ‘Green Card’ Holder? As you may already be aware there have been a number of articles in the mainstream media recently concerning tax filing obligations of U.S. citizens or residents living abroad. All U.S. citizens and green cardholders are required to file an annual U.S. individual income […]
Elimination of Tax Deferral
Elimination of Tax Deferral – Partnerships and Joint Ventures As a result of the 2011 Federal Budget the government has proposed to eliminate the tax deferral for corporations that have a significant interest in a partnership. Also on November 29, 2011, the CRA announced that joint ventures will no longer have a fiscal period. Therefore […]
Congratulations!
The partners and staff at Lohn Caulder LLP are very pleased to congratulate Anthony Leong for a successful Uniform Final Examination and David MacInnes for receiving a Certified General Accountants designation. Congratulations!