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Tax Planning Tips for IT Consultants

Are you one of the many IT professionals currently working in the booming tech sector in the Vancouver area? You may be paying too many unnecessary taxes! Here are some helpful tips, courtesy of your Vancouver Chartered Accountants at Mew and Company: Determine if you are in fact self-employed under CRA’s definition. The RC4110 guide from CRA is written for

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Which Canadian Personal Income Tax Deductions are Worth The Fuss?

Which Canadian Personal Income Tax Deductions are Worth the Hassle? As spring draws near, Canadians can look forward to cherry blossoms and spring skiing.  Another event is the filing of their personal income tax returns. With all the tax deductions and credits rules in the Income Tax Act, compiling all the information for your tax accountant to complete your personal

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A GST Refresher for BC Small Businesses

GST is a tax charged on most goods and services purchased in British Columbia. GST is charged on the gross sale price of the item or service before PST. A Business also gets to claim as input tax credit (“ITC”), the GST it pays out in operating its business. For example, GST paid on rent, computers, business cards, accounting fees, etc. are all

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