28 Feb How Does COVID-19 Affect Your 2021 Personal Income Tax Filing?
When you file your 2021 personal income taxes, be sure to note some important changes in how federal COVID-19 benefits will affect your taxes....
When you file your 2021 personal income taxes, be sure to note some important changes in how federal COVID-19 benefits will affect your taxes....
The Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered the 2021 Fiscal Update on Dec. 14, 2021. The Update did not contain any significant tax changes or increases. See below for a summary: Business Income Tax Canada Emergency Business Account (CEBA) The Government announced that...
On November 25, 2021, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, introduced Bill C-2 in Parliament to implement the recently announced measures. This bill would: Extend the Canada Recovery Hiring Program until May 7, 2022, for eligible employers with current revenue losses above...
The provincial government has announced the following tax incentive and rebate programs: BC Increased Employment Incentive The Government of BC had previously announced a one-time tax credit of 15% for employers that increased their total eligible remuneration for eligible employees. This applies where the payroll increased in...
The Minister of Finance, Chrystia Freeland, delivered the 2021 Federal Budget this week. Below you will find our summary of the tax measures announced in this Budget....
CEWS Phase 3 (Periods 11 to 16) As previously announced, the Canada Emergency Wage Subsidy (CEWS) has been extended to June 5, 2021. The rules for Phase 3 (Periods 11 to 16) are substantially the same as those for Periods 9 and 10, but with some...
By Shane Schepens Originally published by CPABC’s newsroom. [caption id="attachment_21138" align="alignnone" width="800"] Photo credit: alfexe/iStock/Getty Images Plus[/caption] The 2020 tax year will be very different for many Canadians who have to file their personal income taxes. That’s because many of the federal government’s emergency benefits in response to...
As a result of the various COVID benefits (CEWS, CERB, and CESB) offered from the Government of Canada, the CRA has introduced additional reporting requirements on T4 slips to assist them in auditing the eligibility of individuals that applied for these programs. All employers, regardless...
As a result of COVID-19, many employees were required to work from home during a portion of 2020. The federal government had announced in the Fall Economic Update in late November that a new simplified method to claim home office expenses would be announced. The Canada...
As you have heard, the government has rolled out many subsidies and grants to help businesses endure the COVID-19 pandemic. We wanted to reach out to you specifically about the Canada Emergency Wage Subsidy (CEWS). This is the subsidy for salaries and wages and it could...
Bio coming soon.
As Clearline’s Tax Manager, Shehzel focuses on tax planning, corporate reorganizations and succession and estate planning. She’s passionate about continuous learning and staying up to date on tax legislation changes and helping clients with succession. In addition to her CPA designation, Shehzel also has a Bachelor of Business Administration and has completed the CPA In-Depth Taxation Program. Outside of work, she enjoys spending time with family and friends, traveling and trying out new recipes.
As Clearline’s HR Manager, Ameeta supports our firm’s greatest resource—our staff. With a Bachelor of Business Administration in Human Resources and over 7 years of HR experience in various industries, she ensures all employees have a positive experience at Clearline. Ameeta’s focuses include recruitment, performance management, employee relations, program and policy development, and employee engagement. Outside of work, she enjoys traveling and spending time with friends and family.
Michael is a Senior Manager in Private Enterprise, carrying out reviews, compilations, and tax services for small- to medium-sized businesses. With a Bachelor of Commerce specializing in finance and a Diploma in Accounting, backed by over a decade of accounting experience, Michael is a trusted advisor who helps clients’ businesses succeed. Outside of the office, Michael enjoys spending time with family, trying out different restaurants in the city, and building and collecting mechanical keyboards.
Bio coming soon.
Victor was born and raised in Vancouver and obtained his Bachelor of Commerce from the University of British Columbia. He articled with Deloitte & Touche and received his CA designation in 1984. Victor was accepted to the firm’s tax group and went on to complete the Canadian Institute of Chartered Accountants In-Depth Tax course.
Victor specializes in Canadian income tax issues for professional and owner-managed businesses. He has extensive experience with business succession, estate planning, wealth preservation issues, corporate reorganizations, as well as mergers and acquisitions.
Victor was a member of the education committee of the Institute of Chartered Accountants of British Columbia and has held executive positions with various amateur sport organizations.
In his free time, Victor enjoys training for marathons, travelling, and spending time with his family.
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