by Webtax Admin | Apr 23, 2020 | chartered accountants in Canada, tax, tax planning
If you’re deciding to move out of Canada and to become a non-resident, there are a few tax implications you have to understand. As a non-resident, your taxes will be quite different than they were previously. First of all, let’s define a non-resident properly. A...
by Webtax Admin | Apr 12, 2020 | Accounting, chartered accountants in Canada, tax
Whether you have income or not, you are required to file a personal tax return in Canada. The deadline for filing personal tax returns is always April 30th of every year. However, due to the COVID-19 pandemic, this year, your taxes are now due June 1, 2020. There are...
by Webtax Admin | Apr 1, 2020 | Accounting, small business accounting, small business tax accountants, tax
The government is doing whatever it can to help individuals and businesses alike through this global, economic, and social disturbance that COVID-19 has brought. Apart from offering the CERB and other benefits, tax deadlines are also deferred to help individuals who...
by Webtax Admin | Apr 1, 2020 | Accounting, small business accounting, tax
With the sudden spread of COVID-2019 across the globe, serious economic consequences are starting to surface. The call for social distancing and the closure of non-essential businesses in Ontario and other provinces have left hundreds of thousands of individuals...
by Webtax Admin | Jun 11, 2019 | tax
If you are a non-resident in Canada but you have a rental property in Canada then it is extremely important that you understand the tax implications of your status. Most non-residents want to buy rental property in Canada because of the good real estate market which...
by Webtax Admin | Feb 14, 2019 | small business tax accountants, tax
-By Maha Rehman- Filing a tax return is essential if you live in Canada. If you don’t have all your tax documents up to date you can run into a lot of trouble and be forced to pay certain penalties. Since most people are far too busy to keep up with their taxes...
