Your Business
Unleashed Blog

Welcome to a new series on Your Business Unleashed, where we dive deep into what it really takes for health care professionals—medical doctors, dentists, vets, physiotherapists, and more—to get their practices ready to sell. Whether…

First-Time Home Buyers’ GST Rebate on New Homes up to $1.5 Million As part of the federal government’s attempts to make living and owning a home in Canada for younger Canadians (and any qualifying “first-time”…

British Columbia’s New Home Flipping Tax Thinking of selling your home or residential property in British Columbia (“BC”) within two years of buying it? A new provincial tax could have a big impact on your…

What To Do When Someone Dies: Online CRA Hub Dealing with the death of someone close is one of the most emotionally challenging and overwhelming experiences anyone can face. On top of the grief, there’s…

Helping Your Kids Get Ahead: Make Tax Literacy a Life Skill As the school year kicks off, many families focus on classroom supplies and new routines—but one of the most valuable lessons your child can…

Employee Loans - What Employers Need to Know  If you’re an employer offering small, short-term loans to your team—or an employee who’s received one—there’s some good news from the CRA (Canada Revenue Agency) that could…

Government Offers Temporary Tax Relief for Businesses Impacted by Tariffs On March 21, 2025, the Government of Canada introduced temporary interest relief measures aimed at helping businesses manage cash flow considering new tariff impacts. These…

Why is the Canada Revenue Agency (CRA) ramping up tax audits in the construction industry? One thing that you can always count on is for governments to ramp up audit and tax collection activity after…

Simplified Method for Claiming Meal and Vehicle Travel Expenses When it comes to claiming travel expenses on your taxes, the process doesn't have to be complicated. Whether you’re moving, or traveling for medical reasons, there…

How to write off my vehicle in my small business? As we head into 2025, there are a few updates around vehicle-related deductions and benefit rates that could impact your business. The federal government has…

Want to Keep Getting CRA Mail on Paper but Don’t Use My Business Account? Here’s How The CRA is switching all businesses to online mail by default starting May 12 (new accounts) and June 16…

Nova Scotia HST Reduction - Effective April 1, 2025 If you have customers in Nova Scotia, be aware that the Harmonized Sales Tax (HST) rate drops from 15% to 14% today, April 1, 2025. This…