Are You Running a Business?
As business finance professional I always meet enterprising young men and women, trying their toes in the water of entrepreneurships. It is exciting to see someone taking charge and go with their dream and vision and make their mark in the business world.
But if we go by statistics for someone really surviving in making their business a success, it is hardly encouraging. 95% of businesses fail to survive in the first two years. Many entrepreneurs give up their dream of being successful and join the common work force of 9 to 5 jobs.
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Canada Revenue Agency Income Tax: payroll tax Tax Rate
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Personal Income Tax Measures in Federal Budget of 2011
Highlights of Personal Income Tax Measures in Federal Budget of 2011. This is very important information for families, self employed, sole proprietors and partnership businesses.
These tax incentives will cost the federal government about $35 million in 2010-11 and rising to $168 million in 2012.
Non-refundable Tax Credits ( Important to know, that you do not get any tax refund for these credits. These tax credits only can reduce your existing tax bill and give you a bigger share of tax refund).
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Tax Time is Here, What are you upto?
Yes, it is tax time for a group of tax payers in Canada and USA. I have been
busy in many ways, helping and educating my friends and clients ins and out of
taxes and how they should pay their fare share of tax. If you have extra money
and afford, we all should open our hearts for the people in Japan at this time.
Here are some information about me and what I have been upto recently.
Friend Friday at The Network Hub in Vancouver.
Tax Tips for Business Owners at the Vancouver Business Network Meetup.
Tax Tips for Everyone at the Vancouver Business, Marketing, & Entrepreneur Meetup.
Tax Tips for Online Business Owners at the Vancouver’s ‘Online Business Optimization’ Meetup.
Feel Free to Contact me, if you have any burning question about your specific Tax Situation.
Tax Tips in Vancouver, Canada
Income Tax
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If British Columbia was a Business, It would be Bankrupt
On Wednesday February 16th, 2011 BC Finance Minister Colin Hansen announced British Columbia’s Provincial budget. The most interesting fact I take out about reading the budget that BC budget is running on deficit.
Current Provincial debt stands at about $53 billion and in two years time, it could reach $60 billion.
If a CEO or Manager decides to run a business like the way BC Provincial Government running the Province, they would have been fired long time ago and probably the business would go out business too.
There is no plan in the budget, to reduce the deficit of $53 billion.
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Canada Revenue Agency Income Tax
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Canada Corporations Need Our Help
Who says you can’t have fun with Tax? This is beyond SNL sketch. I enjoyed all the video clips. Nuella is witty and crispy funny in another level. Canadian corporations need tax cuts. Who is going to come up to fill the void? Its you and may. Watch the clip below..