CEBA Repayment Deadline Looms
It’s time to talk CEBA, folks. The Canada Emergency Business Account (CEBA) loans that so many of us qualified for back in the heart of the pandemic are all about to come due. They must be paid back, in full, by January 18th, 2024. The benefits for repaying your CEBA loan by January 18th are […]
Deadline Reminder: Underused Housing Tax Returns Due October 31, 2023
Some of you may remember our newsletter from last March, when we asked all owners of Canadian residential property to pay close attention to a new Federal vacancy tax with an April 30th filing deadline. This “Underused Housing Tax” (UHT) had created tax filing requirements for far more property owners than many realized. It also […]
The T1 Deadline Looms!
We’ve noticed that many clients have yet to send in their personal tax material. Please help us out by getting your material in to us as quickly as possible – even if one or two items are missing. Send us what you have now, so we can at least get a preparer assigned to the […]
Welcome to the 2022 Personal Tax Filing Season!
It’s time again to file your personal tax returns. This year, 2022 tax returns must be in the hands of the Canada Revenue Agency by no later than Monday, May 1, 2023. We’d like to deliver the finished product as quickly and efficiently as possible – and we’re sure that many clients will, as of today, […]
Congratulations Graham Caulder!
Lohn Caulder LLP is excited to announce Graham G. Caulder, CPA, CA as our new Partner at the firm. Congratulations Graham! Graham obtained his Bachelor of Arts degree from the University of British Columbia in 2009. Subsequently, having earned a Diploma in Accounting from the Sauder School of Business, he joined Deloitte LLP as […]
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 […]
Welcome to the 2021 Personal Tax Filing Season
Welcome to the 2021 Personal Tax Filing Season ! It’s time again to file your personal tax returns. This year, 2021 tax returns must be in the hands of the Canada Revenue Agency by no later than Monday, May 2, 2022. We’d like to deliver the finished product as quickly and efficiently as possible – and […]
Taxation on Cryptocurrencies
As you know, it is time to start preparing for the filing of your 2021 personal income tax returns. For some of you, this tax season may look different for one specific reason: cryptocurrencies. Given that cryptocurrency adoption increased exponentially over the last year, we wanted to reach out to those of you with cryptocurrency […]
B.C. PST Rebate on Select Machinery and Equipment
In March of 2021, the B.C. provincial government announced the B.C. PST Rebate on Select Machinery and Equipment program (PST rebate program). The temporary rebate program was introduced to help corporations recover from the financial impacts of COVID-19. The PST rebate program allows you to recover the PST paid on the purchase or lease payments, […]
