CCRA and Taxes Issues
Retail Sales Tax Act of Manitoba -- "Provincial Sales Tax". Whether you call it RST or PST it means the same thing. In 2002 major changes were made to the way in which Electrical and Mechanical work is taxed under this Act. To help members understand the application of this tax, please refer to the following relevant tax bulletins that have recently been revised:
Bulletin 005, June, 2005 - Information for Contractors - http://www.gov.mb.ca/finance/taxation/bulletins/005.pdf
Bulletin 031, June, 2005 - Mechanical and Electrical Trades - http://www.gov.mb.ca/finance/taxation/bulletins/031.pdf
Bulletin 008, June, 2005 - Installation, Repairs and Improvements to Real Property - http://www.gov.mb.ca/finance/taxation/bulletins/008.pdf
Additional bulletins can be issued at any time. The link to all the Manitoba Tax Bulletins is: http://www.gov.mb.ca/finance/taxation/index.html
CCA's Guide to Employer Provided Vehicles and Allowances
Canada Customs and Revenue Agency (CCRA)
Canada Customs and Revenue Agency (CCRA) recently changed the tax rules as they apply to vehicles supplied by employers to employees. The new rules are summarized in this document developed by the Canadian Construction Association. http://www.cca-acc.com/documents/taxguide/ccataxguide.pdf
Independent Contractor or Employee?
Canada Customs and Revenue Agency (CCRA) during regular company audits, has been rigorously applying the tests for independent contractor vs. employee. Contractors are advised to review this guide and to ensure compliance. http://www.cra-arc.gc.ca/E/pub/tg/rc4110/rc4110-e.html
Contract Payment Reporting - CCRA
In 1998, the Federal Government announced that mandatory reporting requirements for service contracts would be implemented for construction sector by January, 1999. This measure is an attempt to discourage the underground economy in construction by forcing contractors to report all payments to sub-contractors. http://www.cra-arc.gc.ca/tx/bsnss/cntrct/menu-eng.html
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