Category Archives: Income Tax
Payroll Bookkeeping; Income Tax and T4
Payroll wages and salaries generally amount of one of the largest expenses incurred by a business in Canada. Employers are required to calculate, collect and remit to Receiver General the income tax withheld from employees. Historically, when the first Federal … Continue reading
Posted in Income Tax, Payroll Bookkeeping
Tagged Payroll Bookkeeping, Payroll Bookkeeping Income Tax, T4
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Income Tax History
The history of income tax dates back to World War I to fund government activities. The history may be short, but is it filled with complex and interesting moment. Before the introduction of income tax. Prior to 1917, the Canadian … Continue reading
Posted in Income Tax
Tagged Income Tax, income tax history, kelowna accounting, kelowna bookkeeping
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