Topic: In the News

Best Workplaces - Learning and Development

Fuller Landau Named to the 2017 List of Best Workplaces for Learning and Development!

Posted on 2017 Jun 05 by

The GREAT news keeps rolling in! Following our recent certification as one of the “Best Workplaces in Canada,” Fuller Landau has received an additional acknowledgement as one of the “Best Workplaces for Learning and Development” after a thorough and independent analysis conducted by Great Place to Work®! “This is another huge honour for us,” says…

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Medical Tax Credit

Federal Budget 2017 – Medical Tax Credit Changes

Posted on 2017 Mar 23 by

The March 22, 2017 Federal Budget announced a number of proposed changes to medical tax credits. Here is an overview of some proposed changes that may be relevant to you: Medical Expense Tax Credit – Eligible The medical expense tax credit is a 15-per-cent non-refundable tax credit that can be claimed by an individual above…

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International Tax Evasion

Federal Budget 2017 – International Tax Measures

Posted on 2017 Mar 23 by

The 2017 Federal Budget announced the government’s continuing goal to address base erosion and profit sharing (BEPS) and international tax evasion that was first dealt with in the 2016 Federal Budget. Canada has worked with the Group of 20 (G20) and the Organisation for Economic Cooperation and Development (OECD) to develop recommendations under the BEPS…

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Work in Progress

Federal Budget 2017 – Professionals and Work in Progress

Posted on 2017 Mar 23 by

The Federal Budget tabled on March 22, 2017 proposed the elimination of a tax deduction related to professionals and work in progress. Work in Progress Revenue for Certain Professionals Generally speaking, unbilled work in progress (WIP) must be included in computing income for tax purposes. However, certain designated professionals (i.e. lawyers, dentists, medical doctors, chiropractors, veterinarians, and…

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Personal Tax Credits

Federal Budget 2017 – Personal Tax Credit Changes

Posted on 2017 Mar 23 by

The March 22, 2017 Federal Budget announced several proposed changes to personal tax credits. Here is an overview of a few of the proposed changes that may be of interest: Public Transit Tax Credit Currently, there is a 15% non-refundable tax credit available to individuals, based on the cost of eligible public transit passes, including weekly/monthly/annual passes…

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GST/HST

Federal Budget 2017 – GST/HST Tax Changes

Posted on 2017 Mar 23 by

The Federal Budget of March 22, 2017, announced certain changes to the Goods and Services Tax/Harmonized Sales Tax (GST/HST) regarding ride-sharing services and non-resident tourists. Ride-Sharing Services To ensure that ride-sharing businesses are exposed to the same sales tax rules as taxi operators, the definition of a tax business under the Excise Tax Act will…

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Federal Budget 2017 – Tax Planning Using Private Corporations

Posted on 2017 Mar 23 by

The Federal Budget of March 22, 2017, announced the government’s intention of creating a tax system which promotes fairness amongst the Canadian middle class. Tax Planning Using Private Corporations The government has indicated its concern with a number of tax reduction strategies currently being implemented by high-income earners and their corporations, who may be gaining…

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