The province of Quebec requires small-business owners to work with Revenu Quebec to file and collect taxes. A company address in the province, the hiring of an employee, and production and marketing activities that occur in the region are all reasons for a company’s registration. The GST and...
How to get the Shift Code to work in Payroll How to process and track an advance pay run How to set up Quebec QHIP tax in Canadian Payroll How to accrue vacation by units in Canadian Payroll How to correct over-withholding of employee payroll taxes How to create an ACH File for Prenot...
First, retrieve your employee’s gross annual pay before withholding taxes. In the example below, an employee from Quebec, Canada receives a gross annual salary of $C60,000. 2. Calculate payroll taxes Next, calculate the total annual payroll taxes you must pay on your employee’s behalf. In...
2018 estimated commercial property taxes per $1000 of assessment Vancouver: $10.85 Saskatoon: $14.91 Regina: $16.55 Calgary: $19.43 Edmonton: $21.22 Toronto: $24.04 Winnipeg: $24.05 Ottawa: $27.72 Halifax: $33.74 Quebec City: $36.09 Montreal: $37.76 ...
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...
If you own a retail business in the province of British Columbia (BC), Saskatchewan, Quebec or Manitoba, you must charge provincial sales tax (PST) on all items sold, unless exempt, in addition to the federal goods and services tax (GST. Unlike other Canadian provinces, these ...
How to get the Shift Code to work in Payroll How to process and track an advance pay run How to set up Quebec QHIP tax in Canadian Payroll How to accrue vacation by units in Canadian Payroll How to correct over-withholding of employee payroll taxes ...
Quebec: 15% on taxable income on the first $46,295 20% on taxable income from $46,296 to $92,580 24% on taxable income from $92,581 to $112,655 25.75% taxable income over $112,656How do small businesses pay taxes? How your business is structured will have an impact on the way...
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...
The Council of Ministers of Education, Canada (CMEC) offers a usefulonline toolwhich allows prospective international students to quickly calculate the costs of studying at different universities in Canada, as well as providing guidance on the documents needed to apply. ...