Category Archives: Bookeeping and Accounting
Ontario Ministry of Labour: Tips and Gratuities New Rules
Starting June 10, 2016, it will be illegal for employers to keep a portion of employees’ tips and other gratuities, except as permitted by the Employment Standards Act, 2000 (ESA). These rules affect employers and employees covered by the ESA … Continue reading
The CRA’s annual Office Audit Letter Campaign
The CRA’s annual Office Audit Letter Campaign The Canada Revenue Agency (CRA) will soon be conducting its seventh annual Office Audit Letter Campaign. The letter writing campaign is designed to facilitate behavioural changes among a selected taxpayer population by providing … Continue reading
Ontario Has Changed Its Minimum Wage Rates
Minimum Wage Rates Minimum Wage Rates Minimum Wage Rate Wage Rates Prior to June 1, 2014 Wage rates from June 1, 2014 – September 30, 2015 Current Rates: Rates as of October 1, 2015 General Minimum Wage $10.25 per … Continue reading
New to bookkeeping and accounting? A look at what the profession should do for you
Bookkeeping is the recording of financial transactions. Transactions include sales, purchases, income, receipts and payments by an individual or organization. Bookkeeping is usually performed by a bookkeeper. Bookkeeping should not be confused with accounting. The accounting process is usually performed … Continue reading
Bright New World Corp 