Posts Tagged ‘Resources/Publications’
EXPENSES INCURRED AT THE GOLF COURSE
Can I Deduct Meal Expenses Before or After a Round of Golf? April 17, 2013 Perception is reality, especially Canada Revenue Agency’s perception of legitimate business entertainment versus pleasure. Traditionally, the CRA has taken a very strict view on entertaining clients, employees, and suppliers at clubs, camps, lodges, golf courses, and on yachts. Unless your…
Read MoreCANADA PENSION PLAN
March 4, 2016 While it is always a good idea to have some retirement savings set aside, the Canadian government has programs available that can supplement your retirement income. There are two main federal government retirement programs: the Canada Pension Plan, and Old Age Security. When planning for retirement, there is some discretion as to…
Read MoreOLD AGE SECURITY
March 4, 2016 There are two main federal government retirement programs offered by the Canadian government: the Canada Pension Plan, and Old Age Security. In a previous tax tip, we discussed the characteristics of the CPP program and the impact of taking it early or deferring it to receive later. This tip will focus on…
Read MoreONTARIO RETIREMENT PENSION PLAN
(ORPP) Deferred another year, possibly indefinitely! On February 16, 2016, the Ontario Government announced that they will defer the implementation of the ORPP another year from the original start date of January 1, 2017. They are working with the federal government in attempts to enhance the current CPP and possibly eliminate the ORPP altogether. If…
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