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Both the Refundable tax credit and non-refundable tax credit can be utilized to offset tax liability. However, under the scenario that if you don’t have any tax payable, CRA will refund the total am...
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Whereas employees generally receive T4 slips, shareholders who pay themselves dividends should be receiving T5 slips. Contact us if you’d like to know which ones we recommend for Payroll!
Each so...
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When it comes to taxes many individuals have the tendency just to report their income and a few other expenses that they have become accustomed to collecting, such as medical expenses or property taxe...
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