Stripe Tax lets you calculate, collect, and report tax on global payments with a single integration. Know where to register, automatically collect the right amount of tax, and access the reports you need to file returns. Learn more Introduction ...
Some provinces have chosen to participate in the HST, which pairs the GST with the PST to create one tax overall. These regions include New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland, Labrador, and Ontario. Therefore, if your small business resides in one of these areas, you ...
1. Calculate your after-tax income Think of your budget like baking a pie. Your first step is to gather your ingredients—that means understanding all of your sources of income. Fill up your pan by tallying paychecks, whether they be from a regular salary, interest income from investments...
What You Need to Know About Severance Pay An employee that is let go from their job – also known as termination without cause inOntario,AlbertaandB.C.– is entitled to compensation. This is referred to asseverance pay in Ontario,severance pay in B.C.,severance pay in Albertaand terminatio...
Calculate termination or severance pay with our FREE Severance Pay Calculator. Tailored for Ontario, B.C., and Alberta employees for accurate results.
The first step in that equation is to find a way to save as much of your cash flow as possible. How do you do that? You need to first figure out your cash flow. Open up those credit card/bank statements and calculate what your regular expenses are over the last 12-month period (lo...
How to calculate charitable tax credits? To know how much you will be able to claim, you will need to figure out yourcharitable tax credit rate. Two tax credit rates will apply one at the federal level, and one at the provincial level. Eligible amounts above $200 are credited at...
Land transfer tax on commercial property varies from region to region. In some provinces, including Quebec and Ontario, municipalities levy land transfer tax in addition to the provincial tax. Often, the buyer pays the land transfer tax. In Quebec, in the case of a false transfer of duties ...
To calculate the foreign exchange gain or loss on accounts receivable for tax purposes, follow these steps: 1. Enter the invoice into your accounting software as of the date the service was completed. Use the exchange rate in effect as of the invoice date to report the invoice amount in Can...
Ideally, each SOC would map to a unique ISCO, so that we could simply calculate the ISCO share as a weighted average of SOC shares, using the SOCs' US employment counts as the weights. However, given the many-to-many mapping, this approach would put disproportionate weight on those SOCs ...