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The Latest at Baker Tilly Windsor

  • Baker Tilly

    Office closure and moving to a virtual approach

    Our firm, our staff and our families are fully committed to physical distancing, but we also want to remain social with our clients, co-workers and friends. This message is a follow-up to our original message; we would like clients to be aware that effective Monday, March 23, the office will be closed.

    Baker Tilly

    Supporting investment in zero-emission vehicles

    The 2019 federal budget introduced two new capital cost allowance classes (class 54 and class 55) providing an accelerated write-off of 100 per cent of the purchase price for new zero-emission vehicles purchased on or after March 19, 2019, and made available for use before 2024. This accelerated write-off is to be phased out between 2024 and 2028, and the write-off of zero-emission passenger vehicles is capped at $55,000 per vehicle.

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    ON Economic and Fiscal Update

    On March 25, 2020, the Ontario government delivered the province’s economic and fiscal update.  The update also indicates the province intends to deliver a multi-year Ontario budget no later than November 15, 2020.

    Baker Tilly

    SR&ED tax credit updates

    The SR&ED tax credit program was implemented 35 years ago in an effort to keep Canadian businesses competitive and growing. Since then, there have been numerous legislative changes and tweaks. Here’s a look at SR&ED in 2020 and beyond, and what the recent modifications could mean for your business.

  • Baker Tilly

    Our response to COVID-19

    As each day passes, our communities, our country and our world are facing unprecedented challenges to keep our people and our businesses healthy.
     

    Baker Tilly

    Additional measures from the CRA

    The Canada Revenue Agency (CRA) has announced additional measures on March 26, 2020 in regard to the extension of tax reporting deadlines. These measures are in addition to the income tax filing and payment deadline extensions previously announced as part of the fiscal measures taken in response to COVID-19.

    Baker Tilly

    Canadian tax fact sheets

    If you want to take a closer look at tax rates in Canada, you’ve come to the right place. The following fact sheets offer a convenient comparison of relevant tax rates from every Canadian province and territory.