Author: Barbara Hoffmann

It is easy to be fooled into thinking that the Canadian tax system is much easier to understand and regulate than the United States’ sales and use tax. Canada may only have ten provinces and three territories, instead of the fifty states, several territories, and

Who doesn’t love a refund? When it comes to taxes, refunds are great because it means a tax consultant has found them for you. However, it also means unnecessary taxes are leaking into your profit margin, and they need to be addressed. B. Hoffmann &

It is common knowledge that GST is payable on goods coming into Canada from outside the country. However, depending on the delivery terms of those goods, GST/HST could also be billed by the supplier when the goods are invoiced. This is dependant on the delivery

fMindset influences success. Most people in business know, intellectually, that your mindset plays a major role in everything you do. Mindset is a simple idea. According to Stanford University psychologist Carol Dweck, mindset is the view that you adopt for yourself that determines how you

The indirect tax on goods and services provided in Canada can creep up, and if your company is making errors with your tax, even minor ones, they can end up costing you a significant amount of money. Hoffmann & Associates (BHA) are tax accountants that

If your company is looking to pay the least amount of tax possible, it takes a lot of hard work, systematic processes and a deliberate objective. Let’s face it, GST/HST are taxes that few want to deal with. Many people believe it is a flow-through

It’s that time of year again. Government budget season is upon us.  BC is the second province to bring down a budget this year. The focus of their budget was child care, affordable housing and services.  There was some provincial sales tax (PST) changes announced

A corporation that makes in excess of $10,000,000 in revenues annually are considered by the Canada Revenue Agency to be a large corporation for GST/HST purposes.  Large corporations are restricted from claiming input tax credits on the provincial portion of the HST in Ontario on

In our last post, we told you about the PST rate increase that happened on March 23, 2017. In announcing this increase, Saskatchewan outlined two other dates that you need to be aware of. APRIL 1, 2017 Effective April 1, 2017, chances are the value

It’s Been Almost a Month Since: Saskatchewan changed its Provincial Retail Sales Tax (PST) rate from 5% to 6% effective March 23, 2017. Have you and your Company’s systems caught up to this? The rate of PST in Saskatchewan on all taxable sales is now