The Alberta Budget 2018 focuses on maintaining a competitive tax system to promote investment, economic diversification and make life more affordable for all Albertans. The 2018 tax plan’s highlights include: - A new Interactive Digital Media Tax Credit worth 25% of eligible labour costs.- An extension of the Alberta investor Tax Credit and Capital Investment Tax Credit to 2021-22.- Indexation of the personal income tax system, saving Albertans $65 million in 2018.- Holding the total amount collected from education property taxes steady at the 2017-2018 level.- Confirmation of the tax revenue collection mechanism for cannabis. Alberta Budget 2018 mentions that our...
Continue reading
Rate this blog entry:
0
If you are applying for the Disability Tax Credit (DTC), you can now get a nurse practitioner to fill out and sign your Form T2201, Disability Tax Credit Certificate. The Federal Government made a change to recognize nurse practitioners as one of the medical practitioners who can certify Form T2201 through Budget 2017. This change will provide a huge benefit for individuals applying for the Disability Tax Credit who live in an area where a nurse practitioner is their first point of contact. This ensures that all Canadians who want to apply for the DTC will be able to do so...
Continue reading
Rate this blog entry:
0
Here are some of the important things you need to know this tax filing season. April 30, 2018: Most Canadian income tax and benefit returns for the tax year 2017 are due on April 30, 2018. June 15, 2018: If you or your spouse or common-law partner is self-employed, you have until June 15, 2018 to file your income tax returns. Express NOA: Tax preparers using certified tax software will be able to print a notice of assessment right after filing. Canada Post outlets: Canadians can now make in-person payments using cash or debit card at any Canada Post outlet. Extended...
Continue reading
Rate this blog entry:
0
Here are the Sales and Excise Tax Measures included in Budget 2018. GST/HST and Investment Limited Partnerships: Budget 2018 proposes measures so that the GST/HST applies to management and administrative services rendered by the general partner on or after September 8, 2017, and not to management and administrative services rendered by the general partner before September 8, 2017 unless the general partner charged GST/HST in respect of such services before that date. Budget 2018 also proposes that the GST/HST be generally payable on the fair market value of management and administrative services in the period in which these services are rendered....
Continue reading
Rate this blog entry:
0
Subscribe

If you have a question about one of our products or services, please do not hesitate to contact us!
Please Enter Your Name
Please Enter A Valid Email
Please Enter Your Phone Number
Please select your preferred method of contact.
Refresh Please letters shown!

KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

Read our Tweets