News

Fall Economic Statement 2018 announces accelerated write-off of new capital purchases

In its Fall Economic Statement, the Government of Canada has announced a bit of a tax break for Canadian business that also includes Alberta business, in that it will allow you to triple the capital cost allowance claim in the year that you make new capital purchases: Building on Canada’s competitive corporate tax system and…

ScanSnap iX1500: Intuitive scanning at your fingertips - A more efficient and convenient lifestyle - Yokohama, Japan, October 2, 2018 –

http://www.fujitsu.com/global/products/computing/peripheral/scanners/news/press181002.html PFU Limited, a subsidiary of Fujitsu Ltd., the world’s leading scanner manufacturer, has announced the release of the ScanSnap iX1500, the next-generation model from the best-selling ScanSnap line of personal document scanners. Designed for ultimate ease of use, the iX1500 transforms all the paper surrounding you with valuable information and adds more productivity to…

Canada Revenue Agency's promised fix for call centre complaints has hit a snag

Critics, meanwhile, suggest it won’t be enough to address the auditor general’s complaints Karina Roman · CBC News · Posted: Nov 19, 2018 4:00 AM ET | Last Updated: November 19 The Canada Revenue Agency’s promised new call centre platform is being delayed, a year after an auditor-general’s report took the agency to task over how it handles phone…

CRA not treating all taxpayers equally, AG finds

Rachel Aiello, Ottawa News Bureau Online Producer @rachaielloPublished Tuesday, November 20, 2018 10:12AM EST Last Updated Tuesday, November 20, 2018 3:12PM EST OTTAWA – The Canada Revenue Agency is not treating all taxpayers equally when it comes to auditing or reviewing tax files, a new probe by the federal auditor general has found. In order to make sure that…

Welcome to Accounting in the Cloud

Accounting technology has been evolving, from manual accounting systems to computerized accounting on your desktop computer, and now we welcome the next step, Accounting in the Cloud. We have been watching the development of accounting solutions in the cloud, and believe they have developed to the stage where they can fully suit your business needs,…

Canada Revenue Agency announces maximum pensionable earnings for 2019

The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2019 will be $57,400—up from $55,900 in 2018. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. Contributors who earn more than $57,400 in 2019 are not permitted…

Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2018 to December 31, 2018. Income…