With taxes due on April 30th at midnight, many Canadians have already filed their taxes and are ready to make any payments for balances owing to the CRA for the 2018 tax year. Here is some information that you need to know if you… Continue reading
Softron Blog
Ontario Budget 2019
Premier Doug Ford’s government released their first provincial budget today along with a new license plate and slogan for Ontario citing “A PLACE TO GROW”. The government has offered new tax credits, less regulations, cuts to government programs, and a new transit plan. Here’s… Continue reading
Sound Too Good to Be True? It May Be a Tax Scheme
Did you know that between 2006 and 2017, 75 tax scheme promoters were convicted of crimes relating to tax schemes. The total of fines resulting from these prosecutions amounted to a total of 7.15 million and resulted in a total of 936 months of… Continue reading
Federal Budget 2019
The 2019 federal budget has been released and the federal government is targeting investment in the middle class through many of the programs it is introducing. The expenditures in the budget aim to help young Canadians in gaining skills and purchasing homes. The total… Continue reading
RRSP : What You Need to Know
The deadline to contribute to your RRSP for the 2018 tax year is March 1, 2019, and with the deadline nearly here, we at Softron are sharing our expertise regarding what you need to know about RRSPs. What is an RRSP? RRSP stands for… Continue reading