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If you offer your employee with a Cellular Phone or Internet Service at home in order for them to carry out their employment duties, the business use is not a Taxable Benefit. However, you must included the value of the personal use in your employee’s income as a Taxable Benefit. Calculating the Taxable Benefit As […]

CRA requires taxpayers to make quarterly Tax (T1 & T2) Installments when there’s a large amount owing in previous years. If your net Tax owing for 2013 or 2014 was greater than $3,000 you likely received a letter from CRA stating you must pay your Income Tax by installments. Quarterly Tax Installment Dates June 15 […]