Resources

Resources

Covid-19 Financial Relief

During the economic changes which have been a result of the Covid-19 pandemic, the Canadian Government has recently provided economic support and has proposed spending of $82 billion dollars to Canadian citizens and businesses. Through this website, we will attempt to keep our clients up to date with these initiatives. Only as time passes, will we understand some of the nuances of these initiatives, so if you have questions, please call 604-983-9202 and speak to one of our CPAs.

Financial Tools and Calculators

Bank of Canada Inflation Factor and Investment Calculator
Canada Mortgage and Housing Corporation

Mortgage Payment Calculator
Mortgage Affordability Calculator:

Government of Canada Online Tools & Calculators
Office of Consumer Affairs: Take Charge of Your Debt
Generic Loan Amortization Schedule
ACB Tracking for Income Trusts and Closed End Funds

Documents

Personal Tax Checklist
Appendix A: Self-Employment Income
Appendix B: Employment Expenses
Appendix C: Rental Properties
Appendix D: Home Office & Auto Expenses

Helpful Links

Canada Revenue Agency
Bank of Canada
TaxTips.ca
COVID-19 Economic Response Plan

Important Dates

Personal Deadlines:

  • February 29: Last day to contribute to your RRSPs
  • April 30: Deadline for filing personal tax returns
  • June 15: Deadline for filing personal tax returns for self-employed individuals and spouses (payment is still due April 30)
  • March 15, June 15, September 15, December 15: Personal tax installments

Business Deadlines:

  • 15th of each month: Payroll deductions for small employer
  • End of each month: Corporate tax installments
  • February 28: T4 and T5 return filing deadline
  • March 30: T3 return filing deadline
  • 6 months after year-end: Corporate tax return filing (ie. January 31 taxation year-end will have to be filed by July 31)
  • 3 months after taxation year-end: Payments due on small business corporation taxes owing (ie. January 31 tax year-end will be due April 30)
  • 2 months after taxation year-end: Payments due on large and passive corporations taxes owing (ie. January 31 tax year-end will be due March 31)
Testimonials

What our clients are saying