According to the Income Tax Act, you need to keep business tax records for a minimum of six years from the end of the taxation year to which the records and books relate. If You Want to Correctly Keep Business Tax Records in Canada, You Should Have All: Sales Invoices Contracts and Guarantees Loan agreements […]
BC Speculation Tax – BC’s New Tax on Real Estate
If you own or are looking to own residential real estate in BC (a home, condo, or cottage) you should be aware of the BC government’s 30 Point Plan to address BC’s housing affordability. Do you own a 2nd home or vacation property in BC? Starting in 2018, the BC Speculation Tax, announced in the […]
