New Mileage rates for 2013

Government Announces 2013 Automobile Deduction Limits and Expense Benefit Rates for Business 2013 Automobile deduction limits and the prescribed rates for the automobile operating expense benefit that will apply in 2013 are as follows: The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes will remain at $30,000 (plus applicable … Read more

Making a list, checking it twice … Don’t forget the personal tax to do list.

December is a busy month, but make sure to take the time to do some tax and financial planning before the year is done. Make charitable donations before December 31st Make RESP contributions for children or grandchildren Top up your TFSA (tax free savings account) if you haven’t already made your maximum yearly contribution of … Read more