Underused Housing Tax (UHT): Key Facts Every Canadian Must Know
Canadian citizens and residents should be aware of the Underused Housing Tax (UHT) and its implications. Here’s a concise breakdown of what you need to know about this tax and its implications for Canadian citizens and residents. 1. What is the UHT? The UHT, introduced in the 2021 federal budget, is a 1% annual tax […]
Why You Should Outsource Your Bookkeeping Service : A Comprehensive Guide to Maximizing Financial Benefits
Tax season can be overwhelming, but don’t worry! By taking the time to learn the basics of bookkeeping, you can gain a significant advantage when it comes to tax planning. Bookkeeping plays a crucial role in tax planning and allows individuals to navigate various tax-related matters. Even if you’re new to taxes, understanding which documents […]