Aug 2, 2026 | Canadian Tax Topics
This blog provides educational information on the BC PST professional services changes and does not replace professional tax advice. A note on how this blog was put together: This blog reflects my own research into the proposed legislation, Notice 2026-001, and the...Jun 23, 2026 | Canadian Tax Topics
In Short The Quick Method of calculating and filing GST/HST is a CRA-approved alternative to the default Detailed Method or the Simplified Method GST/HST calculation. Instead of tracking GST/HST Collected on Sales minus GST/HST ITCs, a flat percentage rate set by CRA...Jun 23, 2026 | Canadian Tax Topics
In Short There are three ways to calculate GST/HST in for-profit businesses in Canada. CRA allows businesses to use one of these three methods to calculate their GST/HST return: The Detailed Method The Simplified Method, or The Quick Method All three are acceptable to...Jun 21, 2026 | Canadian Tax Topics
If you’ve ever looked at your GST/HST return and felt a flicker of panic because the amount you owe CRA is nowhere close to what you collected from customers, you’re not alone. A lot of business owners assume GST/HST is a straight pass-through: collect it,...Jun 20, 2026 | Canadian Tax Topics
This guide is intended for educational purposes and does not replace professional tax advice. This guide explains how GST/HST works in Canada, how you calculate what you owe, and how penalties and interest apply so you can understand the system before filing. SECTION...Sep 18, 2024 | Canadian Tax Topics
The Canada Pension Plan (CPP) is a mandatory federal program that requires both employees and employers to contribute an equal percentage of the employees’ pensionable earnings to fund retirement pensions, disability, and death benefits. Contributions are based...