Category: Small Business

  • Links to key 2022 Federal Budget coverage

    Nevcon Accounting is pleased to provide the following links to articles, analyses and more, to help you learn more about the 2022 Federal Budget, delivered April 7, 2022. Budget 2022: A Plan to Grow Our Economy and Make Life More Affordable (Government of Canada) Budget 2022: Feds eye growth with $31B in net new spending…

  • Links to key 2021 Federal Budget coverage

    Nevcon Accounting is pleased to provide the following links to articles, analyses and more, to help you learn more about the 2021 Federal Budget, delivered April 19, 2021. Canada’s federal budget: A financial expert breaks it down (Global News) Highlights of budget 2021: Billions for green economic growth, healthier Indigenous communities (CBC News) How the…

  • GST / HST registration webinars coming April 28, 2021

    The Canada Revenue Agency is hosting a free webinar to help businesses determine when and how to register for a GST/HST account. Topics to be discussed in the webinar include: what GST/HST is provincial and territorial GST/HST rates who needs to have a GST/HST account and how to get one taxable supplies GST/HST obligations GST/HST…

  • New product offering – Audit Shield offers peace of mind

    Suffice to say, the past year has brought many changes and challenges. One result is that the CRA has stepped up their enforcement efforts with more audits. If you and your business are subject to an audit, this can involve significant cost to you because of the added fees to for Nevcon to respond to…

  • Keeping you up-to-date on small business news in response to the pandemic

    As we’re sure you may have already heard, Prime Minister Justin Trudeau made some announcements this morning (March 27, 2020) about additional programs available to support small businesses. What these programs will have to offer could possibly be substantial to you, so we understand completely that you would like to know what this means to…

  • Employment Insurance (EI) and COVID-19

    This information is developing and changing as the COVID-19 situation unfolds. We’ll do our best to update the details as they change. Laid off due to work closures? Apply for regular EI benefits You will need 700 work hours in last year You will need a ROE saying you’ve been laid off from your employer…

  • Tax changes coming into effect in 2019

    We’ve barely taken down the holiday decorations … and it’s time to start thinking about tax changes that kick in as the new year gets under way. But if you stay on top of them now (and hey, you know who to call if you need assistance!), there will be more reasons to celebrate as…

  • For taking charge of receipts when you’re on the go …

    Have we mentioned how much we love Receiptbank? We recommend it to all our clients, and we’re enthusiatic users of the app ourselves. As Receiptbank points out, its mobile app is ideal for: Taxi receipts Train tickets Restaurant/cafe receipts Anything you get out-and-about! Take a look at this quick and easy video to get up…

  • How to best claim your auto expenses

    The following article from the Nevcon Accounting resources archives is still rather handy and relevant today: Canadians love their automobiles and are ecstatic when they can figure out a way of claiming them as a deduction on their income tax returns. The authors of the Canadian Income Tax Act and the auditors employed by the…

  • Links to key 2017 Federal Budget coverage

    Nevcon Accounting is pleased to provide the following links to articles, analyses and more, to help you learn more about the 2017 Federal Budget, delivered March 22, 2017. Budget 2017 – Building a strong middle class (Government of Canada) Federal budget highlights: 10 things you need to know (Globe and Mail) Federal budget 2017 (National…