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Based on CRA announcement, all individuals will be able to file income tax for 2022 starting on February 20, 2023. The deadline for most Canadians to file their income tax return for 2022 is April 30, 2023 Also, all self-employed and contractors must file their taxes before June 15, 2023. Please be aware that all

We Are Hiring Now! Maxpro Financials is located in Port Moody, British Columbia area. We are an accounting firm with a good reputation practicing for over 25 years of international and Canadian experience. You will be responsible for the following areas and related tasks, Working as an employee here, you will be responsible for, accounting,

Based on Saskatchewan Government announcement, Small Business as a CCPC, pay a reduces tax rate of 2% Saskatchewan small businesses, defined as Canadian-controlled private corporations, pay a reduced rate (commonly known as the small business rate) of 2% on the first $600,000 of eligible business income earned. As announced on August 23, 2022, Saskatchewan’s small

based on December 9, 2019, the Government announcement, that proposes to amend the Income Tax Act to increase the basic personal amount to $15,000 by 2023. The increase would be phased in starting in 2020.  

The maximum insurable earnings (MIE) is the income level up to which Employment Insurance (EI) premiums are paid. It determines the maximum rate of weekly benefits paid for all types of benefits under the EI program. Effective January 1, 2023, the MIE will increase from $60,300 to $61,500. This means that an insured worker will

The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2023 will be $66,600—up from $64,900 in 2022. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. Contributors who earn more than $66,600 in 2023 are not required