Your Business Unleashed Blog :
Articles by Clayton Achen

CRA has confirmed lower interest rates for Q3 of 2024 For the first time in 2 years, the CRA have announced a reduction in its prescribed interest rates. These rates apply on overdue taxes, refund…

Achen Henderson featured in Investment Executive Magazine on Underused Housing Tax updates 2025-11-15 UPDATE: This measure was cancelled in the 2025 budget bill. Taxpayers are still responsible to file and pay UHT for 2022-2024. In…

Important Update: Bare Trusts Exempt from 2023 Trust Reporting Requirements Many unsuspecting citizens are now becoming aware of the Government’s recent roll out of the new reporting guidelines for trusts. These measures are aimed at…

David Crawford on the proposed UHT changes - InvestmentExecutive.ca 2025-11-15 UPDATE: This measure was cancelled in the 2025 budget bill. Taxpayers are still responsible to file and pay UHT for 2022-2024. We're excited to share…

2026 CRA per-kilometer allowance rates The Canada Revenue Agency (CRA) has adjusted the per-kilometer rates for vehicle allowances, varying by year and location. Here's a breakdown of the recent revisions: 2026 Automobile Allowance Rates: -…

Cracking Down on Non-Compliant Short-Term Rentals: What You Need to Know In the 2023 Fall Economic Statement, the Canadian federal government announced a significant move to deny the deductions for owners of non-compliant short-term rentals.…

Understanding the First Home Savings Account (FHSA) in Canada The First Home Savings Account (FHSA) is a tax-free savings account designed to help first-time homebuyers save up to $40,000 for a home purchase. Introduced through…

Retirement Hub by the Government of Canada Are you planning for your retirement? Do you want to learn more about your public pension options like the Canada Pension Plan (“CPP”) and Old Age Security (“OAS”)…

Understanding the Residential Property Flipping Rule in Canada The Residential Property Flipping Rule, introduced by the government of Canada for sales on or after January 1, 2023, is aimed at curbing the practice of buying…

What's New for Individual 2023 Tax Returns? Here is a quick summary of some of the major changes your 2023 personal tax returns that you should be aware of. Please note that your personal tax…

How to Claim Disability Tax Credit in Canada for ADHD This blog was contributed by Maria Soledad de Bilbao, who is a coach for people living with ADHD. Are you aware that there are provisions in…

Canadian Tax Deadlines Tips & Tricks: A Stress-Free Filing Season For business owners, it's especially crucial to stay organized and keep track of key dates to avoid costly penalties or fees. To help make tax…