Resources & Articles
Construction
GST/HST and QST Compliance Issues Relating to Construction of Residential Rentals
Audit activity by the Canada Revenue Agency (CRA) and the Quebec Revenue Agency (QRA) has increased in the areas of the GST/HST and QST, especially...
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STARTING A BUSINESS AND NOT GETTING PAID: Can I collect EI?
In a January 10, 2020 Federal Court of Appeal case, the Court conducted a judicial review of the denial of the taxpayer’s EI benefits. While...
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GST/HST When Constructing a Residential Complex
The Excise Tax Act (The Act) contains a number of self-supply rules that pertain when a person builds a ‘residential complex’ for the purpose of...
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On-Demand Construction Webcast Series
The construction industry faces a number of unique issues and uncertainties as the pandemic continues. Many firms are experiencing pressure to adapt to this new...
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GST/HST with Early Payment Discounts and Late Payment Penalties
As an incentive to improve cash flow, many companies offer early payment discounts to their customers, such as 2/10 net 30 terms (i.e. two percent...
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Taxable Benefits in the Construction Industry
If you provide benefits to an employee (or officer or shareholder), then you may need to include the value of the benefit in the employee’s...
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Commercial Insurance and COVID-19
During this time many businesses have been forced to close, and those that have not are facing a new unexpected operating environment. The businesses that...
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Could COVID-19 Have an Affect on Your Automobile Benefits?
Originally published in Business Fleet Magazine. If you drive a vehicle that is owned or leased by your employer, you will have a tax liability...
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Our Summary of the Key Changes to the Construction Lien Act
The Construction Lien Act was first introduced in 1983, in an effort to protect contractors and suppliers and regulate how payments are made, to help...
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REAL ESTATE PROJECTS: Watch Out!
General CRA activity Over the last few years, CRA has focused on purchases and sales within the real estate sector. They are reviewing transactions for...
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