After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.
You’re likely familiar with the Registered Retirement Savings Plan (RRSP), which gives Canadians a way to shelter income tax until retirement, but have you considered a Group Retirement Savings Plan for your employees?
The Ontario 2019 provincial budget includes a range of cost-cutting measures to help move the province towards a balanced budget but also introduced key spending initiatives. The budget focused on 4 key initiatives: Deficit reduction; Child-care support; Education and Healthcare; and Transit.
To assist families and businesses in recovering from the damages caused by emergencies both this year and in future years, the Province is developing a recovery plan and working to deliver support as and where they are needed.