(647) 692-7225 Toll free: 1.888.926.7249 mail@amsai.ca


Universal Child Care Benefit (UCCB)

|| January 13, 2016

Starting July 1, 2016 Universal Child Care Benefit (taxable) and Canada Child Tax Benefit (tax-free) were replaced with Canada Child Benefit (tax-free) The Universal Child Care Benefit (UCCB) program was introduced in 2006 as a taxable benefit to help Canadian families.  By the end of the year 2014, Canada

Read more

Taxpayer relief deadline for 2005 is December 31, 2015

|| December 10, 2015

Canada Revenue Agency allows taxpayer relief for the cancellation or waiver of penalties and interest when taxpayers and registrants (for both GST/HST and non-GST/HST purposes) are unable to meet their tax obligations due to circumstances beyond their control.   Taxpayers and registrants or their authorized representatives can make a taxpayer relief request. Taxpayers and

Read more

2016 Canada Pension Plan (CPP) Maximum Pensionable Earnings

|| November 5, 2015

Maximum Pensionable Earnings for 2016: On November 2, 2015, the Canada Revenue Agency announced the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2016. The rate remains unchanged at 4.95% for employee and employer, and 9.9% for self-employed. Contributors who earn more than $54,900 in 2016 are not required or permitted

Read more

2014 Individual Filing deadline extension to May 5, 2015

|| April 28, 2015

Canada Revenue Agency (CRA) has announced to extend 2014 Individual income tax and benefit returns the filing deadline from April 30, 2015 to May 5, 2015.  There will be no late filing penalties to returns filed by midnight on May 5th.  Also, interest will not be charged on any amount

Read more

Season’s Greetings

|| December 24, 2014

We wish everyone a happy and wonderful Holiday Season, and best wishes for the New Year!! Our office will be closed from December 25, 2014 to January 2, 2015.  We will commence business on January 5, 2015 at our normal business hours.

Read more