| Have you given your employees a gift recently? It isn’t always a taxable benefit. Non-cash gifts for a special occasion has an upper limit of $500, and non-cash gifts for a work anniversary has an upper limit of $500 every five years. Anything in excess, however, is a taxable benefit. Have questions? Give us a call at 905-571-2665 (BOOK)! We’ve got you covered! |
| Have childcare expenses? You can claim amounts paid to daycare centres, caregivers, day camps, and boarding schools. The amount you can claim is up to 2/3 of your earned income or the actual amount you paid for childcare – whichever is lower. The maximum claim per year is $8,000 per child under 7, and $5,000 per other eligible child. Have questions? Give us a call at 905-571-2665 (BOOK)! |
| We’ve got you covered! |
| Did you know? As a self-employed professional you can deduct the cost of any business-related courses you take. This includes computer courses, any business courses or any other course/class that can be used to improve your bottom line. Have questions? Give us a call at 905-571-2665 (BOOK)! We’ve got you covered! |
