Shaelene’s Tax Tip of the Week – August 11th

Did you know?

In 2021, CPP contributions increased to 5.45% from 5.25% for employers and employees, and self-employed individuals increased from 10.5% to 10.9%. The goal is to have one-third of your average salary available upon retirement each year, whereas before it was one quarter.Have questions? Give us a call at 905-571-2665 (BOOK)!

We’ve got you covered!

 

Shaelene’s Tax Tip of the Week – November 18th

Shaelene’s Tax Tip of the Week – November 18th Be aware of “superficial” loss, which happens when you dispose of capital property at a loss but then purchase it back less than 30 days later. This includes any property that creates any capital gain or loss such as an investment. The end result is not being able to claim the loss as a capital loss on your income tax.
Have questions? Give us a call at 905-571-2665 (BOOK)!

Shaelene’s Tax Tip of the Week – August 12th

Did you know?If you have childcare expenses – caregivers (nannies, babysitters), nursery schools, educational institutions that provide childcare services, day camps and sports with a primary goal of childcare, and boarding schools – you can claim them. For more information on the amounts you can claim, click here!
 
Have questions? Send us an email at info@booksinline.ca!