Employment Insurance Premiums for 2019 (January 2019)
The Employment Insurance premium rate for 2019 is decreased to
Quebec Pension Plan Premiums for 2019 (January 2019)
The Quebec Pension Plan contribution rate for employees and
employers for 2019 is 5.55%, and maximum pensionable earnings are
$57,400. The basic exemption is $3,500....
Canada Pension Plan Contributions for 2019 (January 2019)
The Canada Pension Plan contribution rate for 2019 is increased to
5.1% of pensionable earnings for the year....
Federal individual tax credits for 2019 (January 2019)
Dollar amounts on which individual non-refundable federal tax
credits for 2019 are based, and the actual tax credit claimable,
will be as follows....
Federal individual tax rates and brackets for 2019 (January 2019)
The indexing factor for federal tax credits and brackets for 2018
is 2.2%. The following federal tax rates and brackets will be in
effect for individuals for the 2019 tax year....
Tax deadlines and limits for the 2019 tax year (January 2019)
Each new tax year brings with it a listing of tax payment and
filing deadlines, as well as some changes with respect to tax
planning strategies. Some of the more significant dates and changes
Tax changes effective January 1, 2019 (January 2019)
The following tax changes are in effect January 1, 2019....
The 2018 Fall Economic Statement – some good news for business (December 2018)
While there weren’t a great number of tax measures included in the
2018 Fall Economic Statement brought down by the Minister of
Finance on November 21, 2018, the tax changes that were announced
Year-end planning for your RRSP and TFSA (December 2018)
Most Canadians know that the deadline for making contributions to
one’s registered retirement savings plan (RRSP) comes after the end
of the calendar year, around the end of February. There are,...
The tax year is ending – some planning steps to take before December 31st (December 2018)
For individual Canadian taxpayers, the tax year ends at the same
time as the calendar year. And what that means for individual
Canadians is that any steps taken to reduce their tax payable for
The potential tax costs of holiday gifts and celebrations (December 2018)
The holiday season is usually costly, but few Canadians are aware
that those costs can include increased income tax liability
resulting from holiday gifts and celebrations. It doesn’t seem
New Quarterly Newsletters (November 2018)
Two quarterly newsletters have been added—one dealing with personal
issues, and one dealing with corporate issues....
Managing a student loan after graduation (November 2018)
Getting a post-secondary education – or professional training –
isn’t inexpensive. Tuition costs can range from as little as $5,000
per year for undergraduate studies to as much as $...
Changes to the Canada Pension Plan starting in 2019 (November 2018)
When the Canada Pension Plan was launched in the mid-1960s, both
the working lives and the retirements of Canadians looked a lot
different than they do in 2018. Fifty years ago, most Canadians
Claiming a deduction for union or professional dues (November 2018)
Most Canadians deal with our tax system only once a year, when
preparing the annual tax return. And, while that return – the T1
Individual Income Tax Return – may be only four pages long, ...
Canadian household debt levels increase – again (November 2018)
Anyone who has ever tried to reduce their overall personal or
household debt knows that doing so, no matter how disciplined one’s
approach, can seem like a one step forward, two steps back propo...
CHH LLP Chartered Accountants is a Calgary based firm providing business advisory services to locally based clients.