We have a new staff member join the office today.
Emily, Gia, and Tim all welcome Terry to the firm.
Tim Parris
Underused Housing Tax
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It is becoming increasingly apparent that there is an obligation to file UHT-2900 Returns where couples (and other Canadian Citizens) jointly purchase rental properties.
If only one person who is a Canadian Citizen or Permanent Resident of Canada) owns the property, then they are an excluded owner.
If more than one person, notwithstanding that they are Canadian Citizens or Permanent Residents, owns the property, they are each an affected owner and each owner will need to file the UHT-2900 return by April 30, 2023 and must mail the UHT-2900 return to the tax department.
Xero Advisor Certification
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We are pleased to announce that Tim Parris achieved his Xero Advisor Certification.
2022 Working from Home Quick Method
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We again have the working from home worksheet for our clients.
Look for our email next month. Or if you are enthusiastic, the form was uploaded into the information folder on the client portal which can be downloaded after you sign into the portal.
Credit Card Processing Fees
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I remind all clients that I still do not charge processing fees for making a payment by credit card.
However, I do appreciate clients who elect to pay by Internet Money Transfer (and information on how to do so is included on all invoices.)
This decision will be reviewed in July 2023 as part of transitioning to a new invoicing system.
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