A Health Spending Account is allows a business owner to pay for health and dental expenses with pre-tax dollars. Setting up a Health Spending Account (HSA) is an affordable way for Canadian small business owners to minimize their medical expense costs.
The 2019 Manitoba budget contains several tax measures affecting individuals and corporations. The 2018-2019 deficit is estimated to be $470 million. The budgeted deficit is estimated to be $360 million for 2019-2020, with revenues projected to increase by 1.4% and expenditures projected to increase by 0.3%.
U.S. tariffs on imports have caused negative shifts in the global agricultural supply. As a result, Canadian farmers have become innocent bystanders, hit by China’s retaliatory trade strikes against the United States.
Many businesses find it difficult to reach the next level after a growth plateau without taking out a small business loan. Before committing to borrowing money, there are some calculations you can do to determine if a small business loan is right for you.
Use the amortizing loan calculator to calculate your loan amount based on your desired payment. Or, enter in the loan amount to calculate your monthly payment. You can examine your principal balances by payment, total of all payments made, and total interest paid.