March 14, 2023 Underused Housing Tax The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022. A residential property owner who is an affected owner must file the UHT return by April 30 of the following year. AffectedRead more
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The B.C. Government has extended the transparency reports required by indirect owners of B.C. land to November 30, 2022. This filing date applies to the beneficial owners of all corporations, trusts and partnerships that have an interest in B.C. land acquired prior to November 30, 2020. This filing date is not applicableRead more
The 2022 British Columbia budget did not directly increase corporate or personal income tax rates. However, there are multiple indirect and PST tax changes. We have highlighted a few below. Purchase price of private vehicle sales Effective October 1, 2022, tax on private sales of motor vehicles will be based on the greater ofRead more
Preparing for your 2021 taxes has never been easier. Once you have gathered all the necessary information outlined in your tax package mailed early February, upload them using your client portal. https://www.sabojang.com/client-portal/ Alternatively, drop your tax information off at our offices 24/7 using the night drop slot to securely deliver your tax documents onRead more
You can claim up to $500 per year for amounts you paid for qualifying digital news subscriptions for the tax years 2020 through 2024. The CRA launched the digital news subscription tax credit in 2021 as a tax measure to support journalism. Since then, the CRA’s list of qualifying digital news subscriptions has vastlyRead more
