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BILL 132 – THE SEXUAL VIOLENCE AND HARASSMENT PLAN ACT 2016

Thursday, September 1st, 2016

Bill 132 comes into effect September 8, 2016 changing the Occupational Health and Safety Act to encompass various statutes with respect to sexual violence, sexual harassment, domestic violence and related matters in the workforce.

Bill 132 requires an employer work with their health and safety committee or representative to develop procedures to investigate workplace harassment including how incidents are reported, how information is collected and disclosed, and how investigations are conducted.

The procedures need to include:

  • how to report incidents to a person other than the employer or supervisor if the employer or supervisor is the alleged harasser
  • how incidents or complaints will be investigated and dealt with
  • how information including identifying any individuals involved will be disclosed
  • how the alleged harasser will be informed of the results of the investigation and of any corrective action taken

An employer’s policy must be renewed at least annually and provide their workers with appropriate information and instruction on the contents.

Under Bill 132 an employer can be ordered to have an investigation of an incident and report the results of an impartial third party at the employer’s expense.

 

 

 

Posted in Community Events Comments Off on BILL 132 – THE SEXUAL VIOLENCE AND HARASSMENT PLAN ACT 2016

RCMP, CRA issue warning on taxpayer scam

Friday, July 15th, 2016

Once again CRA is warning about the scams out there. During busy season we had several surface. Please be wary when receiving calls from CRA. Question the individual and challenge them. It is your right to do so! Click here for article

Posted in GST/HST News, Information for Charities and Not for Profits, Tax News Comments Off on RCMP, CRA issue warning on taxpayer scam

Minimum Wage Increases for October 1, 2016

Tuesday, April 19th, 2016

Effective October 1, 2016 general minimum wage in Ontario will increase from $11.25 to $11.40 per hour. Minimum wage rates for liquor servers, students under the age of 18, hunting and fishing guides, and homeworkers will also increase.

For a complete listing of minimum wage increases please visit the Government of Ontario website at https://news.ontario.ca/mol/en/2016/03/minimum-wage-increases-for-october-1-2016.html

Posted in Accounting News, Tax News Comments Off on Minimum Wage Increases for October 1, 2016

Charities and Giving – What’s new

Monday, January 25th, 2016

Recent news and updates from the CRA:

  • Effective January 1, 2016, as a result of Budget 2014, two new webpages relating to charitable donations:
  • As a result of the 2015 Federal Budget, all registered charities must now report their partnership holdings as part of their annual information return. For details, go to New Reporting Requirements.

Posted in Accounting News, Information for Charities and Not for Profits, Tax News Comments Off on Charities and Giving – What’s new

Government Announces the 2016 Automobile Deduction Limits and Expense Benefit Rates for Business

Monday, January 18th, 2016

December 24, 2015 – Ottawa, Ontario – Department of Finance

Finance Minister Bill Morneau announced the income tax deduction limits and expense benefit rates that will apply in 2016 when using an automobile for business purposes.

Although most of the limits and rates that applied in 2015 will continue to apply in 2016, there are two changes taking effect as of 2016.

The first is that the limit on the deduction of tax-exempt allowances that are paid by employers to employees who use their personal vehicle for business purposes will be reduced by 1 cent to 54 cents per kilometre for the first 5,000 kilometres driven, and to 48 cents per kilometre for each additional kilometre.

The second change in 2016 is that the general prescribed rate that is used to determine the taxable benefit of employees relating to the personal portion of automobile operating expenses paid by their employers will be reduced by 1 cent to 26 cents per kilometre.

For taxpayers who are employed principally in selling or leasing automobiles, the prescribed rate used to determine the employee’s taxable benefit will be reduced by 1 cent to 23 cents per kilometre. The amount of this benefit is intended to reflect the costs of operating an automobile.

For more information visit — http://www.fin.gc.ca/n15/15-090-eng.asp

Posted in Accounting News, Tax News Comments Off on Government Announces the 2016 Automobile Deduction Limits and Expense Benefit Rates for Business

Ontario Pension Plan Will Not Apply to Federally Regulated Companies – At Least for Now

Thursday, January 14th, 2016

(Jan. 12, 2015) – Ontario Premier Kathleen Wynne recently stated her government will not wait to see what changes might be coming to the Canada Pension Plan (CPP) over the next few years but will be moving forward with the first phase of its own plan to introduce the Ontario Retirement Pension Plan. According to the premier, companies with 500 or more employees will be first to be required to participate in the ORPP or provide a comparable pension to their employees on January 1, 2017. All employers will be included by 2020.

With the clock now ticking, OTA has received an indication that a key element of the government’s plan and a key concern of OTA — whether the provincial government intended to try and apply the ORPP to federally-regulated companies (not just those that come under provincial jurisdiction) – has been laid to rest for the time being.
AS part of discussions with officials from the office of the Associate Minister of Finance (who has responsibility for the ORPP), OTA was informed there is no “imminent” plan to bring federally-regulated companies into the ORPP.

In its initial discussion documents on the ORPP, the government indicated that federally-regulated employers and employees would not be covered by the ORPP. However, the government’s intentions became less clear when the Premier began making public statements that it was her desire to have the ORPP cover “every worker in Ontario by 2020” and OTA’s requests for clarification were met with equivocation.

“Uncertainty over whether people will have enough to retire on is a legitimate economic issue, so we understand the government’s motivation,”  says OTA president David Bradley. “But it is a complex issue and we’re not sure the ORPP, as structured and the rules around what is a comparable program, is the answer.”

“Regardless of how laudable the government’s intentions are, the province can’t exceed its constitutional jurisdiction,” he said.
While the government is leaving the door open to returning to the issue in the future, Bradley said he could not see how that would be possible. “No one seems to want to open up the Canadian constitution.”

For now, it appears the province is focusing their efforts with the federal government on getting the plan registered and working out the details of the ORPP’s administration.
While OTA continues to call for changes to the ORPP (e.g., additional flexibility through extension of the phase-in periods, lower minimum contribution levels, acceptance of group RRSPs/TFSAs as comparable to the ORPP and some form of relief for older workers who will pay into the plan but will not receive full benefit), provincially-regulated employers and employees are advised to begin preparing for the inevitable.

As it currently stands, starting January 1, 2017, companies with 500 employees or more that do not have comparable registered workplace pension plans, will be required to earmark 0.8 per cent of their payroll towards the ORPP which will be matched by the employee. That percentage will eventually rise to 1.9 per cent in 2020 and will be capped at a combined 3.8 per cent of an employee’s annual salary of up to $90,000. (By comparison, CPP contributions were made on up to $54,900 of earnings last year.) Those working at companies employing between 50 and 499 will begin their phase-in in 2018, with all smaller firms by 2019, and benefits will begin to be paid in 2022.

Posted in Community Events Comments Off on Ontario Pension Plan Will Not Apply to Federally Regulated Companies – At Least for Now

Gifts and Income Tax 2015

Thursday, January 14th, 2016

Are you an individual planning to give money or other property to a registered charity or other qualified donee? Do you own land or a building, or have stocks or bonds that you would like to give to a registered charity or other qualified donee? Do you own an oil painting, stamp collection, etching, sculpture, antique, or coin set that you would like to give to a gallery or museum? Are you having your gift appraised? If so, the decisions you make may affect your tax situation.

Here is some information about making a gift in 2015. It includes income tax changes that have been announced, but were not law at the time of printing. If you require information about a gift made in a previous year, you will need a version for the year in which you made your gift. You can get previous versions by going to www.cra-arc.gc.ca/prioryear/p113 or by calling 1-800-959-8281.

Posted in Accounting News, Tax News Comments Off on Gifts and Income Tax 2015

Canada Revenue Agency – What to Do Following a Death

Thursday, January 14th, 2016

Coping with the death of a loved one is difficult. This article contains basic information that families and legal representatives should know to start settling the affairs of the deceased person. For more information, go to www.cra.gc.ca/deceased or see guides T4011, Preparing Returns for Deceased Persons, and T4013, T3 Trust Guide.

 Click here to access the full PDF

Posted in Accounting News, GST/HST News, Tax News Comments Off on Canada Revenue Agency – What to Do Following a Death

Canada Revenue Agency – Automated Telephone Messages

Tuesday, May 20th, 2014

Automated telephone message — for individuals who may be required to pay their tax by quarterly instalments

Message

The Canada Revenue Agency will send automated telephone messages to individuals who may be required to pay their tax by quarterly instalments, to remind them of the June 15, 2014 instalment payment due date. The message will be sent during a two-week period from May 26, 2014 to June 6, 2014.

The message will not include personal taxpayer information and will not ask for personal information.

National Do Not Call List

The National Do Not Call List gives consumers a choice about whether to receive telemarketing calls. Since the due-date reminder message is not a telemarketing call, the National Do Not Call List does not apply to it. However, if an individual does not want to receive our automated telephone messages, they can call 1-800-959-8281 and ask us to remove their telephone number from the calling list.

Fraudulent communications

Fraudulent communications often ask for personal information such as social insurance, credit card, bank account, and passport numbers. The CRA’s automated courtesy calls do not ask for, or give out, personal information. To learn more about how to identify fraudulent communications, go to Beware of fraudulent communications.

Related topics

Posted in Tax News Comments Off on Canada Revenue Agency – Automated Telephone Messages

Are you ready for Occupational Health and Safety Awareness and Training Regulation 297/13?

Thursday, May 1st, 2014

Are you ready for Occupational Health and Safety Awareness and Training Regulation 297/13?

Effective July 1, 2014 a new regulation of the Occupational Health and Safety Act (OSHA) comes into effect.  This regulation deals with the training of workers.  The definition of worker for the purpose of the OHSA is a person who performs work or supplies services for monetary compensation.  As a result this regulation applies to more than just your employees and would include casual labourers and subcontractors.

Under this requirement, workers are categorized between workers and supervisors with different levels of training required for each category.  The only exemption from this training if proof is provided that the worker has completed similar training either with their current employer prior to the enactment of regulation 297/13 or with a former employer.

Training must be provided and documented as complete.  The documentation must be kept on file until six months after the worker is no longer compensated by you.

A former worker can request a copy of the proof of training up to six months after leaving an employer.

Training for workers must be provided as soon as possible after their start date.  Training for supervisors must be completed within one week of promotion to supervisor.  All workers on staff must complete their training by July 1, 2014.

The OHSA provides free training workbooks for workers and supervisors.  Signed copies of the workbooks can be kept on file as proof of completion of the training.  There is also an elearning tool for both worker and supervisor training.   This takes approximately one hour to complete and a proof of completion certificate will be received upon completion.  Alternately there are several organizations that provide training.

Remember that time spent by an employee in training that is required by the employer or by law is considered to be working time and therefore the employee must be compensated.

For more information, please visit the Ministry of Labour’s training website at: http://www.labour.gov.on.ca/english/hs/training/

 

 

Posted in Accounting News, Information for Charities and Not for Profits Comments Off on Are you ready for Occupational Health and Safety Awareness and Training Regulation 297/13?

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