This CRA Charities Connection focuses on payroll and income tax. Payroll, deduction and remittances are important as directors of charities can be held personally liable for failure to remit the amounts to the CRA.
You can read the Charities Connection at http://www.cra-arc.gc.ca/chrts-gvng/chrts/cmmnctn/nwslttrs/cnnctn/cnnctn02-eng.html
Related Posts
October 22, 2021
Odette case deals with donation of private company shares by estate and CRA denial of donation receipt
There is often confusion in the charity sector about donations of marketable securities vs. donations of private company shares in Canada. There is…
October 19, 2021
New Ontario Business Registry (OBR) launched today
The Ontario government has launched a new modern Ontario Business Registry system today, October 19, 2021. The new Ontario Business Registry offers…
October 19, 2021
The Ontario Not-For-Profit Corporations (ONCA) has officially launched
The long-delayed Ontario Not-for-Profit Corporations Act, 2010 (“ONCA”) has officially come into force today, October 19, 2021. ONCA provides a…