Canadian payroll rates now published twice yearly
The Canadian payroll guide published by First Reference is now published twice a year and provides payroll professionals with payroll-related rates, maximums and deadlines, and it’s free.
Canada Revenue Agency CRA
30 months in jail for facilitating false donation tax scheme
While donors to fraudulent donation schemes may not be morally innocent, their culpability does not reach the level of the promoters of these schemes. It is refreshing to see the CRA prosecuting those responsible, rather than merely reassessing and penalizing taxpayers.
Receipting and donor relations
This case is a reminder that charities need to be mindful of the rules when they issue donation receipts. Donors rely on the receipts in order to claim tax credits/deductions. If the Minister denies a donor’s claim for a tax credit/deduction on the basis that the charity did not include all of the required information, this will reflect poorly on the charity and could harm its relationships with donors.
