Your Business Unleashed Blog :
corporate-tax

New Canada Customs Requirement for ALL importers will significantly transform how importers interact with Canada Customs The Canada Border Service Agency (CBSA) Assessment and Revenue Management (CARM) is a new initiative that will greatly transform…

Have you been putting off a major business purchase like equipment, machinery, a new car, or computer equipment? If at all possible, make your business purchases before December 31 because time is running out on…

On September 14, 2023, the Canadian Government announced a 3% increase in CPP premiums which makes Canada a little more expensive for average everyday workers, and 1.4X more expensive for their employers. Additionally, the maximum…

Budget 2023 covers a wide range of topics, from healthcare to the new Employee Ownership Trust, increased Alternative Minimum Tax and a continued (and excessive) focus on climate change. There are even some conciliatory measures…

If you work in a restaurant, hair salon, hotel, or spa, you know that as a customer in Canada, it’s common to leave a gratuity for good service. However, for many businesses in this industry,…

Are you a dentist, dental surgeon, or orthodontist working with other dental or medical professionals?    If so, you may be surprised to learn that although most services you provide to patients are generally exempt…

Planning to purchase capital assets? As a Canadian controlled private corporation (CCPC), your small business has access to CCA (Capital Cost Allowance) immediate expensing - a powerful tax incentive that can help your business grow…

The Canada Border Services Agency (“CBSA”) recently updated the requirements for both Canadian and Non-Resident importers concerning maintaining records in connection with their importing activities other than the place of business in Canada. If you…

Considering hiring, but can’t decide if you should bring on an employee or a self-employed contractor? Or maybe you have a job opportunity, but the company wants to hire you as a contractor rather than…

Businesses can take many different legal forms. Which one is right for yours?   You started a business, you’re earning revenue, things seem to be going well, and everything is exciting. Your friends and colleagues…

Retirement planning for business owners can be more complex than retirement planning for employed individuals. There’s an added layer of business succession planning  and other business issues to consider. Do you want to sell your…

Planning an exit strategy is crucial for business owners because it ensures a smooth transition when they decide to step away from their business. It allows for the orderly transfer of ownership, minimizes tax implications,…