News & Insights
Whether it’s the latest tax changes or new ways to help your business, Smythe Ratcliffe will keep you informed of what’s happening that affects your business and yourself here. Visit often to see how these new changes can benefit your business today.
30% Tax Credit Available for BC Small Business Venture Capital
April 25, 2012
by Bill Macaulay
In the 2012 BC Budget, the province added an additional $3 million to its $30 million program. Investors in an eligible bu...
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The Governor General Now Pays Income Tax
April 23, 2012
Commentary by Tom Morton
A little known fact is that the salary received by the Governor General was not taxable, until now. Today the Fina...
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The lowly penny has met its demise
April 2, 2012
Commentary by Tom Morton
The lowly penny has met its demise with the announcement by the Minister of Finance in his budget speech on March...
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2012 Federal Budget Highlights
March 30, 2012
Canada’s federal Finance Minister, Jim Flaherty, delivered his 2012 Budget themed “Jobs, Growth and Long-Term Prosperity” on T...
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CRA warns to watch out for tax scams
March 27, 2012
The Canada Revenue Agency recently posted an article warning people about the serious legal consequences that can come as a result of recent...
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2012 Tax Rate Card
March 7, 2012
It has been announced that the Federal Budget will be released on March 29, 2012. Until that time, we will not have finalized personal or c...
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Returning to the PST – New Housing
March 5, 2012
On February 17, 2012, Finance Minster Kevin Falcon announced the transitional rules for returning to the PST. This announcement comes almo...
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Joint Venture Deferral Election – Deadline Extended to September 22, 2012
March 2, 2012
On January 10, 2012, the Canada Revenue Agency (“CRA”) issued a revised administrative policy, which extends the filing due date for tra...
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Federal Budget Date Revealed
March 1, 2012
This year, the Federal Budget date will be on March 29, 2012, as unveiled by the Federal Government this week. This budget is expected to be...
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Get Ready for Tax Season
February 29, 2012
Yes, tax season is here. So now’s the time to collect all your tax slips, receipts and supporting documents and schedule an appointment wi...
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