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Transitioning to New Benefits from CERB

Coronavirus has caused so many problems for business owners and individuals across the world, and Canada is no exception to this. Of course, this is something that has had extreme financial repercussions for the future of companies. Luckily, the government has stepped in to provide aid to Canadian businesses and entrepreneurs who need relief to combat the effects of COVID-19. Canada Emergency Response Benefit (CERB) has now closed for applications, but it is still going to

By |November 24th, 2020|Categories: Tax|Tags: |0 Comments

How to Protect Your Files – 5 Easy Tips for Small Businesses

Security has never been a bigger priority for businesses these days, especially with how digital the entire world seems to have gone now. Make sure you focus on doing your best to come up with ideas that are going to help you protect your data and files as a small business. Cybercrime has created many additional headaches for modern businesses, and this is something you need to try to get around. There are a lot of things

By |November 24th, 2020|Categories: Technology|Tags: |0 Comments

Home Office Expenses & How to Claim Them Back

Due to the coronavirus pandemic, more people than ever are working from home. And a lot of people are running their own businesses or freelancing from the comfort of home. If you are self-employed, it can often be a challenge to get a handle on your finances in a professional capacity, and this is something you need to try to make the most of. Statistics suggest close to 3 million Canadians are self-employed, and this number is

By |November 24th, 2020|Categories: Tax|Tags: |0 Comments

Changes in T4 Requirements for Employers in 2020

COVID-19 continues to cause chaos across the world, but it is also clear that businesses are going to have to evolve and grow in order to stay ahead of the curve. There are a lot of things that play a part in helping your business improve and grow, and this is something you need to think about. There are plenty of new rules in place that your business will need to adhere to, and this is certainly

By |November 24th, 2020|Categories: News, Tax|Tags: , |0 Comments

Environmental Benefits of Working Remotely

Coronavirus has changed the world in a lot of ways, and it has had a profound impact on business and the way we choose to do it. One of the key things to come out of this pandemic is just how many of us have adapted to remote working, and how this has been unexpectedly beneficial for a lot of people. Two-thirds of Canadians who work from home are expecting to do so after the pandemic has

By |November 24th, 2020|Categories: Business Tips|Tags: |0 Comments

How to read your numbers – a quick guide to understanding your financial statements

Running a business can be a complicated and time-consuming process, and there are a lot of factors that you need to consider if you want to make the most of this. Try to come up with some of the best ways of being able to improve your business, and the best way of achieving this is to work on understanding and reading your financial statements. Business owners are going to need to work on doing as

By |October 15th, 2020|Categories: Accounting|0 Comments

Things to Consider for your Business after Lockdown

Lockdown has been a tough time for business owners everywhere, and we understand that it has required you to make some business changes. There are so many things that you need to keep in mind, and the world has changed in so many ways, many of which we’re still having to acclimate to. These are some of the key considerations you need to make when it comes to improving your business and helping it thrive in

By |October 15th, 2020|Categories: Business Tips|0 Comments

What is the Difference between an Employee and a Contractor?

As a business owner, you have loads of things you need to figure out when it comes to finances and taxes. Now, one of the key ones is looking at what you can do to hire the right people to help your company grow and improve. And one of the biggest factors to bear in mind when trying to achieve this is understanding the difference between employees and contractors, and how this affects you as a

By |October 15th, 2020|Categories: Tax|0 Comments

Bookkeeping Tips for Startups

We understand how intensive it can be running your own startup business, and this is something you need to try to make easier for yourself. One of the best ways of achieving this is to make sure you have some financial tips to work with that are going to make things easier in the long run. Staying on top of company finances is one of the key things that business owners struggle with in the modern

By |October 15th, 2020|Categories: Bookkeeping, Business Tips|0 Comments

Small Business Dos and Don’ts of Accounting

Trying to run a small business is all about making the right decisions at the right times. We know this can be difficult, and there are a lot of factors you need to consider. Financial stability as a business is one of the most important things you can master. And that’s why you need to understand small business accounting dos and don’ts! We’ve compiled a list of some of the things that we feel matter the

By |October 15th, 2020|Categories: Business Tips|0 Comments

When is the Right Time to Start Charging GST?

As a business owner, it is important for you to be making the right sorts of decisions for the future, and this involves giving plenty of thought to improving your sales and the amount of revenue that you accrue. There are a few things you need to consider with this, and one of the main ones is considering whether you should be charging GST on your sales. Goods and Services Tax (GST) is a sales tax

By |October 15th, 2020|Categories: Bookkeeping, Business Tips, Tax|0 Comments

Business Budget Cuts You Can Make Once CEWS is Over

The past seven months has been pretty awful for businesses all across the globe, and Canada has been no exception. With so long spent under lockdown, a lot of companies are expecting heavy losses, and are going to need to get creative to save money now that lockdown restrictions have been eased. Getting the economy back on track is great and everything, but there are issues to contend with too - on November 21st the government

By |October 14th, 2020|Categories: Business Tips, Tax|0 Comments

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