by Peter McCarroll | Dec 30, 2019 | tax
Many Canadians support non-profit organisations through Charitable Contributions. But as a business owner, which is the most tax-efficient way to donate? Through your corporation or personally? The answer, like most tax questions, is: It depends! Let’s look at a... 
by Peter McCarroll | Jun 17, 2014 | Uncategorized
We have a number of Charity clients who are GST registered. The number one issue we have to deal with for these clients is sorting out what income streams should be subject to GST. Just because you are a Charity doesn’t mean that all your income is exempt from... 
by Peter McCarroll | Jun 3, 2014 | Uncategorized
Rules around tax breaks for charitable donations have undergone a lot of change in recent years. With the introduction of the Charities Act and the removal of the restrictions on deductions/credits for charitable giving the landscape is now quite different than it... 
by Peter McCarroll | Nov 23, 2013 | Uncategorized
Currently, there is no requirement for a charity to have it’s accounts prepared to any standard (such as Generally Accepted Accounting Principles) or audited by an Accountant. While many do have an audit, it is mainly due to a requirement in their rules, or to...