Response to COVID-19: Ontario Employer Health Tax Exemption Increase for 2020
There has been an increase to the Ontario Employer Health Tax exemption for 2020 from $490,000 to $1 million due to COVID-19.
Opportunities Ontario: Provincial Nominee Program for Foreign Workers
Although there are benefits to hiring recent Canadian grads, some Ontario employers find difficulty in filling some job positions and may require the assistance of foreign skilled workers. The Ontario government realizes this need and has created the Opportunities Ontario: Provincial Nominee Program to assist small businesses in staffing for these positions. Through this program,…
Reinforce SR&ED Funding with Ontario Business-Research Tax Credit
Research and development is a costly activity for businesses. Luckily, there are tax credits and Research & Development Funding programs that can help lessen the burden on human resources and budgets. One such tax credit is the Ontario Business-Research Tax Credit (OBRTC), which offers 20% of R&D expenses as a refundable tax credit for SR&ED….