December 11, 2024
As you may have heard, the government has recently announced a GST/HST Tax Break on certain items for the December 14, 2024 to February 15, 2025 period. MRSB has prepared a summary of the relevant “need to know” information. Please feel free to reach out to us with any questions or if we may be […]
November 3, 2023
Updated November 20, 2023 In September, the federal government announced extensions of the key dates for CEBA loan repayment. Initial media headlines led with the longest extension, not the most important one. Relying on the headlines could be an expensive error. First, the end of the interest free period is extended to January 18, 2024. […]
May 5, 2023
The Federal Government recently introduced the Underused Housing Tax Act (UHTA) and the related Underused Housing Tax (UHT) Return and Election Form, UHT-2900. If applicable, UHT can result in a 1% tax annually on the value of the subject property. Residential property is generally defined as: Do you need to file? Generally, the UHT applies to […]
August 4, 2022
In its April 7, 2022 Budget, the Government of Canada announced a number of measures intended to make housing more affordable for Canadians. These measures include personal income tax changes, and funding for a variety of housing programs. For many Canadians, the creation of the new Tax-Free First Home Savings Account is the highlight of […]
March 14, 2022
We are now OPEN in Mill River, located in the new development at Mill Road and Highway #2. The move of our former O’Leary office is now complete! You can find us at 38 MacKenzie Crescent, O’Leary PE C0B 1V0
