Posts by wilkinson
Tax Tips and Traps – 4th Quarter 2024
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Read MoreTax Tips and Traps – 3rd Quarter 2024
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Read MoreTax Tips and Traps – 2nd Quarter 2024
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Read MoreHeidi Nemish CPA, CGA Partnership Announcement
The Partners of Wilkinson & Company LLP are pleased to announce that Heidi Nemish CPA, CGA, has joined the Partnership of the Firm effective July 1st 2024. Heidi graduated from Brock University with an Honours Bachelor of Business Administration, majoring in Accounting, then earning her CGA designation in 2004. With over 20+ years of experience…
Read MoreClient Update | Increase to Capital Gains Inclusion Rate
May 15th, 2024
Read MoreFederal Budget Commentary 2024
On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons. Read the full article below.
Read MoreHighlights of the 2024 Federal Budget
The 2024 Federal Budget (“Budget 2024”) was presented on April 16, 2024 (“Budget Day”) and introduced a number of tax and non-tax measures to address the rising cost of living in Canada. Non-tax measures include the introduction of a National Pharmacare Plan, a new Canada Disability Benefit, limitations and restrictions on bank fees and measures…
Read MoreTax Tips and Traps – 1st Quarter 2024
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Read MoreMandatory Electronic Payments to CRA
Effective January 1, 2024 the Canada Revenue Agency implemented a mandatory requirement that any payments over $10,000 must now be made electronically. This includes any payment made related to balances due for personal, corporate and Trust income tax, instalments, HST remittances, payroll remittances and any other payments made to the Receiver General of Canada. Electronic…
Read MoreChanges to T4/T4A Reporting
We are here to inform you of important new filing requirements that will affect all employers that prepare T4 or T4A slips. Requirement to Report Dental Benefits The Canadian Dental Care Plan (CDCP) was introduced in November 2022 and expanded in June 2023 to include more individuals. Currently only those aged 12 and under are…
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