The Workers’ Compensation Board of British Columbia (WorkSafeBC) collects insurance premiums from registered companies based on their reported payroll to cover costs associated with workplace injuries/illnesses like healthcare, wage loss and…
https://insightaccounting.online/wp-content/uploads/2018/03/WCB-and-Shareholder-Comp-Infographic-1.jpg29872570Chris Lazartehttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngChris Lazarte2018-03-21 13:49:552018-03-21 13:49:55WorkSafeBC and Owner/Shareholder Compensation
Calling all small business owners! Did you know your company might have access to a significant tax advantage called the Small Business Deduction (SBD)? Eligibility depends on your company’s status as a Canadian Controlled Private Corporation…
https://insightaccounting.online/wp-content/uploads/2018/01/TCEIC-Infographic-2.jpg19532214Chris Lazartehttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngChris Lazarte2018-01-26 09:35:522018-01-26 09:35:52Taxable Capital Employed in Canada and the Small Business Limit
The Government of Canada has proposed technical rule changes that will reduce the tax benefits of income-splitting using private corporations, effective January 1, 2018. Background Opportunity: Canada’s tax system is designed based on…
https://insightaccounting.online/wp-content/uploads/2017/12/Income-Splitting-for-Private-Companies-1.jpg44452267Chris Lazartehttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngChris Lazarte2017-12-15 08:39:302017-12-15 08:48:25Income-Splitting for Private Companies
Taxation of Insurance for Corporations If you’re incorporated, you might be wondering what the implications are of paying insurance premiums and collecting benefit proceeds through your corporation. Or perhaps you are considering offering…
https://insightaccounting.online/wp-content/uploads/2017/12/Taxation-of-Insurance-for-Corporations-Infographic-1.jpg22642267Chris Lazartehttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngChris Lazarte2017-12-12 10:02:132017-12-12 10:03:58Taxation of Insurance for Corporations
Thinking of starting your own small business with a colleague? Choosing the right ownership structure may be one of your earliest decisions, and with it comes important tax and liability considerations. Two common options for small business…
https://insightaccounting.online/wp-content/uploads/2017/10/andrea-300x300.png300300Chris Lazartehttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngChris Lazarte2017-12-08 14:34:372017-12-08 14:54:28LLP VS. INC – WHAT’S THE DIFFERENCE?
On April 1, 2013, the province of B.C. eliminated the harmonized sales tax (HST) and returned to the federal goods and service tax (GST) plus provincial sales tax (PST) system. The B.C. PST is a retail sales tax that applies when a taxable good…
You may be wondering: “As a self-employed individual, do I have access to Employment Insurance (EI) benefits?” The answer to this is: “Yes, as long as you pay into the program.”
https://insightaccounting.online/wp-content/uploads/2017/07/EmploymentIns-Infographic-1.png1160750Daleen Qazilbashhttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngDaleen Qazilbash2017-07-22 13:50:392017-08-30 08:48:28Employment Insurance for Business Owners
https://insightaccounting.online/wp-content/uploads/2017/06/Screenshot-2017-06-01-21.35.14.png670944Richard den Otterhttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngRichard den Otter2017-06-01 20:47:512017-07-20 17:46:276 British Columbia Tax Credits
There are some really cool management reporting tools that can be set up in the newer Point of Sale (POS) systems, but most owners don't take advantage of that.
https://insightaccounting.online/wp-content/uploads/2017/03/image.jpg640960Richard den Otterhttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngRichard den Otter2017-03-15 04:27:242017-06-06 21:06:54Restaurant Marketing: Turnstyle vs ZenReach
As of 2016, individuals in Canada have a new resource to help manage their everyday finances as well as their income tax return process.
https://insightaccounting.online/wp-content/uploads/2017/03/benfit-mob.jpg340509Richard den Otterhttps://insightaccounting.online/wp-content/uploads/2017/05/Logo-remake.pngRichard den Otter2017-03-06 08:27:422017-08-29 17:21:08MyCRABenefits Mobile App: More Information at your Fingertips
WorkSafeBC and Owner/Shareholder Compensation
Taxable Capital Employed in Canada and the Small Business Limit
Income-Splitting for Private Companies
Taxation of Insurance for Corporations
LLP VS. INC – WHAT’S THE DIFFERENCE?
B.C. Provincial Sales Tax (PST): What’s Taxable and What’s Exempt
Employment Insurance for Business Owners
6 British Columbia Tax Credits
Restaurant Marketing: Turnstyle vs ZenReach
MyCRABenefits Mobile App: More Information at your Fingertips