Planning for the end of fiscal 2024
The end of the year is a strategic time to optimize your tax situation, whether you’re a shareholder, an employer or an individual. In this article, we discuss practical tips and essential reminders for maximizing your tax savings, avoiding the pitfalls of taxable benefits and effectively planning your financial decisions. Shareholder remuneration: Rule of thumb […]
Vacations are also an accounting issue
In the course of our certification mandates, we have seen a significant increase in the number of unused banked vacation hours over the past year. This increase can be explained in part by the labour shortage issue that is being felt in several fields. Staff shortages can make it more difficult for some employees to […]
GST/HST vacation – Work for entrepreneurs!
On November 21, 2024, the federal government announced a proposal for a temporary GST/HST vacation on certain products. The aim is to reduce Canadians’ bills for two months this winter. But it won’t reduce the workload of merchants, retailers and restaurateurs. GST-HST leave The announcement provides for a two-month GST/HST vacation from December 14, 2024 […]
Are you aware of your new health and safety (H&S) obligations?
The Act to modernize the occupational health and safety system, which came into force progressively on October 6, 2021, has brought many changes and new obligations in terms of workplace health and safety (OHS) management. Among the highlights, the interim regime of prevention and participation mechanisms in place since April 6, 2022 (January1, 2023 for […]
How to prepare your year-end dossier
We are aware that the year-end process brings you additional tasks so that your professionals can carry out their mandate properly [1], in connection with your financial statements and the preparation of tax returns. Here are a few tips and tricks to help you avoid work overload during this period and limit the questions our […]
Labour standards in Quebec: a minimum threshold to be improved
The Act respecting Labour Standards (LSA) governs the working conditions of most full-time and part-time employees in Quebec. Labor standards represent the minimum working conditions that an employer must offer its employees; an employer may never impose working conditions that are less than those stipulated by law. Failure to comply with labor standards can result […]
Search for a person in the Quebec Enterprise Register (REQ)
Since July 31, 2024, it has been possible to search the Registraire des entreprises du Québec (REQ) website using a natural person’s first and last names, and to see all the companies and organizations in which this person is involved, whether as an officer, director, shareholder, partner, ultimate beneficiary or other. What this means As […]
Preventing harassment in the workplace
Legislative changes to the Act to Prevent and Combat Psychological Harassment and Sexual Violence in the Workplace : are you compliant? Statistics Canada recently reported that approximately 60% of employed women and 39% of employed men between the ages of 25 and 34 reported having experienced psychological or sexual harassment in the workplace. Yet, despite […]
The importance of controls – Digital risks
The importance of implementing controls in the face of digital risks is paramount. Cyber-attacks and economic crimes don’t just happen to other people… they’re increasingly present and frequent. In 2022, according to the Canadian Anti-Fraud Centre’s annual report, reported financial losses amounted to $530.4 million, compared with $383 million in 2021[1]. The question is no […]
Let your figures do the talking!
As a business owner, you know your legal obligations. You file an income tax return once a year. Your tax returns are filed as required (monthly, quarterly or annually). You also pay government remittances, comply with labor standards, and so on. Financial information for business owners Among these is the tax return, which coincides with […]