The New Zealand government has announced some tweaks to the tax system to assist businesses. It’s not a benefit or cash bonus, but could reduce your tax bill for the 2021 tax year. Here’s the outline from the video: For the 2021 financial year you can...
The New Zealand government has announced some tweaks to the tax system to assist businesses. It’s not a benefit or cash bonus, but could reduce your tax bill for the 2021 tax year. Here’s the outline from the video: Increased Provisional tax...
The Canadian Federal government has announced some temporary extensions to tax filing and payment deadlines to ease stress and cash flow during the COVID-19 crisis. * Here’s the outline from the video: Changes to Tax Payments Eligibility Criteria All individuals...
If you are a business or non-profit organisation in Canada then the answer is YES. You are required to issues a T4A slip to ANYONE who you pay any of the following types of revenue to: pension or superannuationlump-sum paymentsself-employed...
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...
One thing that constantly amazes us is how quickly each year passes. The days, weeks and months seem to roll into one, and before you know it, 8 months has passed. You’re left wondering ‘where did the time go?’ Now that’s okay as long as you plan accordingly. However,...
