From all of us at First Reference, we wish you a safe and happy holidays! At this time of year, we like to support organizations that are helping others.
The Ontario Ministry of Finance is proposing a new regulation under the Employer Health Tax Act, to include special Employer Health Tax rules for registered charities. The new regulation could be effective as early as January 1, 2017.
There is a new reporting requirement for Form T3010, Registered Charity Information Return. The addition is necessary because of changes announced as part of the 2015 Federal Budget.