The Canada Pension Plan (CPP) is an essential program that provides financial support to Canadians during retirement, in cases of disability, or to surviving family members after the death of a contributor. It’s a fundamental part of the country’s social safety net, and any changes to the CPP are significant.
In 2024, the CPP is undergoing some important enhancements that employers need to be aware of to ensure they remain compliant with the latest rules.
In this post, we’ll take a closer look at the CPP enhancement in 2024, explain what it means for employers, and highlight the steps they need to take to stay up to…

In recent years, the shift toward remote work has made home office expenses an important topic for both employers and employees in Canada. With many people working from home, understanding how these expenses can be managed and reimbursed is crucial for employers who want to support their team while staying compliant with tax regulations.
This guide will walk you through everything Canadian employers need to know about home office expenses, from what qualifies as a deductible expense to how to handle reimbursements.
What Are Home Office Expenses?
Home office expenses are costs that employees incur while working from …

As the year comes to a close, it’s important for small business owners to start thinking about year-end tax planning. A little bit of preparation now can help reduce your tax bill and set you up for a smooth start to the new year.
Without further ado, here are 5 simple and effective tips to help you get the most out of your tax situation before the calendar turns.
Maximize Your Business Deductions
One of the best ways to reduce your taxable income is by taking advantage of deductions. As a business owner, you may be able to deduct a variety of expenses, such as:

Office supplies and equipment
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