Understanding Business Activity Statements (BAS)

By Mark

The mere mention of the term ‘Business Activity Statement’ (BAS) is enough to make many business owners break out in a sweat. Even more stressful than that is having to come up with the cash to pay it if you haven’t been putting the money aside. All businesses registered for GST need to lodge a…

Corporate Taxes That Every Business Needs To Be Aware of In Canada

By nazaire

Whether you intend to have an accountant handle your taxes or you plan to take care of them yourself, it’s a good idea to take some time to learn how taxation in Canada will apply to your business, including GST/HST, income tax, employee source deductions, and the Canada Pension Plan. Goods & Services Tax/Harmonized Sales…