Ontario minimum wage increase effective October 1, 2016
The minimum wage rate in Ontario will be increasing from $11.25 per hour to $11.40 per hour as of October 1, 2016. Minimum wage is the lowest wage rate an employer can pay an employee. Most employees are eligible for minimum wage, whether they are full-time, part-time, casual employees, or are paid an hourly rate, commission, piece rate, flat rate or salary.
For more information, please refer to the following website: http://www.labour.gov.on.ca/english/es/pubs/guide/minwage.php
Important information regarding your personal income tax refund
The Government of Canada is switching to direct deposit for all payments that it issues, effective immediately
If you already signed up for direct deposit and provided bank account information to the Canada Revenue Agency (CRA) for one or more payments, they will continue to use this information for those payments. However, if you become entitled to a new payment, please contact the CRA to authorize them to use your existing information, or provide new direct deposit banking information.
If you receive at least one of the following payments from the CRA, you can sign up for direct deposit:
- Income tax refund
- Goods and services tax/harmonized sales tax credit and any similar provincial and territorial payments
- Canada child tax benefit and any similar provincial and territorial payments
- Working income tax benefit
- Universal child care benefit
- Deemed overpayment of tax
How to sign up
If you are registered for My Account, you can sign up for direct deposit now at http://www.cra-arc.gc.ca/myaccount/
To sign up for direct deposit or to change your account information, call 1-800-959-8281. You will need your social insurance number, full name and current address (including postal code), date of birth, most recent income tax and benefit return and information about the most recent payments you got from the Canada Revenue Agency, and banking information: three-digit financial institution number, five-digit transit number, and your account number.
To sign up for direct deposit fill out the Canada Direct Deposit enrolment form, which can be found at http://www.tpsgc-pwgsc.gc.ca/recgen/dd/form/can-eng.html
Beware of new telephone scams
We have received several calls over the past few weeks from clients who are being targeted by scam artists. In these cases, the caller claims to be a representative of Canada Revenue Agency and uses the threat of arrest to coerce the taxpayer to send in money. Please beware – these calls are fraudulent and could result in identity or financial theft. You cannot pay your personal tax bill via credit card. For more information, please visit the following website or call our office at 905-876-4633.
New initiatives to assist small and medium-sized businesses: consultations on the proposed Registration of Tax Preparers Program(RTPP)
On January 17, 2014, Minister Kerry-Lynne Findlay announced the introduction of a new three-point plan to improve compliance and provide support to the small and medium-sized business community. As part of this initiative, the Minister launched a consultation process with taxpayers and the tax preparer community on the proposed Registration of Tax Preparer Program (RTPP), an important component of the CRA’s new and innovative approach to its compliance programs.
For more information on this initiative, please visit the following website:
Accessibility Standards for Customer Service
Ontario Regulation 429/07
This Regulation came into effect January 1, 2012 and establishes accessibility standards for customer service. It applies to every designated public sector organization and to every other person or organization that provides goods or services to members of the public or other third parties and that has at least one employee in Ontario. It’s about understanding that people with disabilities may have different needs. It can be as easy as asking “How can I help?” and making small changes to how you serve customers with disabilities.
What you need to do to comply with this regulation depends on the number of employees in your company/organization. If you have fewer than 20 employees you need to create a plan and train your staff. Please click on the link below for details:
If you have 20 or more employees you need to create a plan, train your staff and file an Accessibility Compliance Report online by December 31, 2012. Please click on the following link for details:
- Canada Revenue Agency Home Page
- Canada Revenue Agency All Forms
- Canada Revenue Agency Prescribed Interest Rates
- Canada Revenue Agency Phone #’s