Nishat Accounting and Taxes Inc

Resources

Useful Resources

The following links are important & useful for Canadian citizens for their personal and corporate taxes. Follow these sites to keep yourself updated with the latest laws & rules affecting the Canadian tax structure.

CRA

The Canada Revenue Agency (CRA) is responsible for administering tax laws for the government of Canada and most provinces and territories. The Canada revenue agency ( CRA )’s mandate is to administer tax, benefits, and related programs.

The Bank Of Canada

The Bank of Canada site includes various helpful features, including information on interest and exchange rates, financial indicators, securities auctions, and more. The convenient “currency converter” allows you to determine Canadian dollar equivalents for many foreign currencies.

GST/HST

The goods and services tax/harmonized sales tax (GST/HST) credit is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset the GST or HST that they pay.

Child and Family Benefits

Common tax benefits include deductions, credits, exclusions, and shelters. Taxpayers may take standard or itemized deductions along with any above-the-line deductions if applicable.

Taxes

A tax is a compulsory financial charge or other levy imposed on a taxpayer (an individual or legal entity) by a governmental organization to fund the government.

Ministry of Finance (Ontario)

The Ministry of Finance (Ontario) is in charge of establishing economic policies and fiscal and taxation ones. Ontario is fortunate to have a dedicated team of professionals working for our province. The Ontario economy is a success because of its unique resources, including manufacturing know-how and an export drive.

Ministry Of Finance (British Columbia)

The Ministry of Finance plays a crucial role in establishing, implementing, and reviewing the government’s economic, fiscal, financial management, and taxation policies.

Ministry of Finance (Montiba)

The transition binder prepared by the Department and provided to a new Minister upon appointment that describes the department structure, responsibilities, priorities and critical issues.

Ministry of Finance (Saskatchewan)

It’s an honor to serve the people of Saskatchewan. Our government will always stand with the people of this great province. The transition binder was prepared by the department and provided to a new minister