Affordable Accounting and Bookkeeping
Accounting News Archive 2013
Bookkeeping Acts, Income Tax Regulations, Reviews
The Canada Revenue Agency (CRA) is continuously enhancing its services to make handling your tax matters faster and easier. Read More...
The Canada Revenue Agency (CRA) reminds self-employed individuals and their spouses or common-law partners that this year, the June 15 filing deadline has been extended to midnight on Monday, June 17, 2013, as June 15 falls on a Saturday. Read More...
Have a look at the new video for Canadian students meant specially to help them with filing their income tax and benefit return. The CRA's online services are fast, easy, and secure. You can use them to file your income tax and benefit return, make a payment, track your refund, and do many other things. Read More...
This bulletin provides information on the criteria to qualify as a small seller for the purposes of the provincial sales tax (PST). This bulletin also provides information on the responsibilities of small sellers. Read More...
This bulletin provides information on how the provincial sales tax (PST) applies to software. This bulletin does not apply to software acquired on a physical medium on which PST is payable as tangible personal property (goods). Read More...
Revised: March 28, 2013
This bulletin provides information on how the provincial sales tax (PST) applies to purchases of legal services, effective April 1, 2013. If you provide legal services in BC, you must register for PST and charge the PST payable on the purchase of legal services. Read More...
This bulletin provides information on how the provincial sales tax (PST) applies to telecommunication services in BC, other than dedicated telecommunication services. Information on the application of PST to dedicated telecommunication services will be provided in the near future. Read More...
This notice explains how the provincial sales tax (PST) and the passenger vehicle rental tax apply to leases of vehicles where the term of the lease straddles April 1, 2013. It also explains that the 7-10% PST rates on passenger vehicles apply to all lease payments that are subject to PST, even if the lease was entered into before April 1, 2013. Passenger vehicles are motor vehicles designed primarily as a means of transport for individuals, including trucks and vans that are three-quarter ton or less. Trucks and vans that are larger than three-quarter ton, camperized vans, motor homes, buses, ambulances, hearses and motorcycles with engines of 250 cc or less are not passenger vehicles. Read More...
This notice provides information on the tax exemptions for residential energy products, including propane, provided for residential use in a residential dwelling effective April 1, 2013. The notice also describes the re-implementation of the tax on energy products to raise revenue for the Innovative Clean Energy (ICE) Fund (ICE Fund tax) and how the ICE Fund tax applies to energy products. Read More...
This notice provides information on how tax under the Motor Fuel Tax Act (MFTA) and Provincial Sales Tax Act (PSTA) will apply to fuel and other substances as a result of the re-implementation of the provincial sales tax (PST) on April 1, 2013. Read More...
Revised: March 2013
This notice provides information to help you understand how the PST applies to vehicles other than multijurisdictional vehicles registered under the International Registration Plan (IRP), effective April 1, 2013. More information, including information on multijurisdictional vehicles, will be provided in future bulletins and notices. Read More...
This notice provides an overview of how the provincial sales tax (PST) applies to goods purchased, brought, sent or received in BC by real property contractors and used to improve real property. This notice does not provide information related to owners of real property who purchase, bring, send or receive goods in BC for their own use, including when they hire a contractor to install those goods. Read More...
This notice provides information on exemptions from provincial sales tax (PST) on vehicles acquired in BC or brought, sent or delivered into BC, and on refunds of PST available in relation to vehicles. This notice does not provide information on multijurisdictional vehicles registered under the International Registration Plan (IRP). Read More...
Revised: February 2013
This bulletin provides information to help businesses understand when and how to register with the Ministry of Finance (ministry) to collect and remit the PST. The registration rules and requirements explained in this bulletin come into effect with the re-implementation of the PST on April 1, 2013. However, you can register your business now. Read More...
Revised: February 20, 2013
This bulletin provides information to help businesses understand their obligation to charge, collect and remit provincial sales tax (PST). The rules and requirements explained in this bulletin come into effect with the re-implementation of the PST on April 1, 2013. Read More...
Harper Government provides continued tax relief in 2013. As Canadians prepare to file their 2012 taxes, they will be able to claim the Family Caregiver Tax Credit for the first time. Read More...