Dedicated to the Success of Your Business
Jacoby and Games Chartered Professional Accountants has been serving the Victoria, BC region for over 25 years. We are a group of dedicated professionals who firmly believe the best measure of our success is the success of our clients.
Dedicated to the Success of Your Business
Jacoby and Games Chartered Professional Accountants has been serving the Victoria, BC region for over 25 years. We are a group of dedicated professionals who firmly believe the best measure of our success is the success of our clients.
Recent Tax Updates
New Record Keeping
If you have a federally incorporated company there is a new requirement for record keeping that lists individuals with significant control. Call your lawyer for details. Deadline is June 13, 2019.
BC Speculation Tax
All owners of residential property in the taxable regions of BC should have registered their property by now. If not, they may receive a bill for a tax of which they are not liable.
Employer Health Tax
This is an annual tax on an employer's BC remuneration paid to employees. If you are required to pay instalments in 2019 the deadline to register is May 15, 2019.
We are a client-centred accounting firm that focuses on your goals. We help you make sense of financial statements, corporate & personal taxes, financial management, business valuations, estate planning, and a variety of other accounting matters. Our goal is to simplify your finances so you can focus on what matters to you – whether it’s growing your business or planning for your future.
We are Chartered Professional Accountants who have been serving Victoria & Area businesses and individuals for over 25 years. We are members of CPA Canada and Victoria Downtown Business Association.
Zero-emission Vehicles: Personal and Corporate Incentives
On April 17, 2019, Transport Canada released details on the purchase incentive of up to $5,000 for zero-emission vehicles as originally proposed in the 2019 Budget. The incentive will apply to new purchases or leases on or after May 1,
Reimbursement For Work Clothing: Taxable
In an April 17, 2019 Technical Interpretation, CRA was asked whether clothing reimbursements paid to maintenance employees were taxable benefits. Employees were not required to wear specific uniforms and were reimbursed based on receipts, to an annual maximum. CRA referred
Special Work Site Allowance: Home Base Needed
In a January 29, 2019 Technical Interpretation, CRA discussed the criteria for tax-exempt allowances for board and lodging received for periods an employee was working at a special work site. To be a special work site, the following criteria must