Monthly Archives: May 2018

Proposed tax shock for those engaging contractors or employees

The May 2018 Federal Budget has left little doubt that anyone looking for a tax deduction for payments to contractors or employees had better get their house in order. Currently payers are required to withhold the required amount of tax … Continue reading

Posted in Accounting Information | Leave a comment

Proposed changes to Public Fund Bank Accounts

In December 2017 the Federal government announced that it would be seeking to remove the requirement for certain Deductible Recipient Funds to operate a separate fund bank accounts, managed by a majority of people deemed to be more responsible. There … Continue reading

Posted in Income Tax, Not for Profit | Leave a comment