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Withholding Tax Changes for Contractors

For the purpose this these changes a contractor is someone who suppliestheir labour to a third person as an “independent contractor”.  Those in the trades are commonly referred to as contractors and may not necessarily be effected by these changes (although...

What documents should I keep?

You need to retain sufficient documentation to substantiate your claim to an expense deduction and GST Input Tax Credit.  The requirements are slightly stricter for something that includes GST (Note: GST refers equally to GST, HST and QST - we've simplified to GST...

Seasonal Questions & Answers

Overtime Meal Allowances Question : In the lead-up to Christmas the elves are required to put in long working days and to work well into the evening beyond their normal work hours.  As a result, Santa is paying the elves a meal allowance in addition to their normal...

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