Author: 911Service.ca

If you are working in Canada, you should know the laws and regulations that govern the payroll. There are a few specific laws you should keep in mind, such as the Canadian Human Rights Act (CHRA) and the Quebec Employment Equity Act (EEA). You should also be aware of your employer’s responsibilities. This includes taxes… Read more

Corporate taxes in Canada are regulated by the Canada Revenue Agency. The tax rate for companies is 15% after the general tax reduction, and 9% for small businesses. There are a few exceptions to these rules. If your company is non-resident, or if you are in business solely for investment purposes, you may be eligible… Read more

If you’ve ever wondered about the taxation of income in Canada, you’ve come to the right place. You’ll learn about Income Tax, Withholding taxes, Tax brackets, and rates in this article. You’ll also get a sense of how to prepare your income tax return and avoid getting behind on your payments. Withholding of taxes The… Read more

GST, or the goods and services tax, is a value-added tax in Canada. It was introduced on January 1, 1991 and is administered by the Canada Revenue Agency. It replaced the previous 13.5% manufacturers’ sales tax. This tax is applied to a variety of items, including food and fuel. Businesses and individuals are required to… Read more

Payroll is an essential part of running a business in Canada. The Canadian government requires businesses to have a business number and register for payroll. Once the business is registered, it must open a payroll account before the first payroll remittance deadline. A business must also check the social security number (SIN) of new employees… Read more

Bookkeeping is a profession that requires specialized knowledge and skills. In Canada, the largest association for bookkeepers is CPB Canada. This association provides members with resources and tools to improve their knowledge and connect with other bookkeepers. The organization also hosts an annual gathering of bookkeepers from across the country for networking and learning sessions.… Read more

If you’re looking to outsource your oil and gas accounting, you’ve come to the right place. In this article we’ll discuss the requirements of financial reporting and journal entries in oil and gas accounting. Then, we’ll talk about IFRS 16 and what it means for oil and gas companies. Outsourcing oil and gas accounting Oil… Read more