Fueling Financial Literacy in Your Organization
RLB Chartered Professional Accountants Guelph
by RLB People
1w ago
Statistics Canada reports that 35% of Canadians describe most days as “quite a bit” or “extremely stressful” due to financial issues. As a result of that heightened financial stress, employers may be seeing a reduction in productivity and an increase in absenteeism and turnover.  Investing in your workforce’s financial literacy is a win-win for employers ..read more
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2024 Minimum Wage Increase
RLB Chartered Professional Accountants Guelph
by Corinne Sales
2w ago
On October 1st the Ontario minimum wage will increase to $17.20 per hour.  This brings Ontario’s minimum wage to the second highest in Canada.  These increases are tied to the Ontario Consumer Price Index for 2024. Minimum Wage Rate Rates from October 1, 2024 to September 30, 2025 Rates from October 1, 2023 to September ..read more
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RLB NAMED BEST OF THE BEST BY INSIDE PUBLIC ACCOUNTING
RLB Chartered Professional Accountants Guelph
by Tianna Brown
1M ago
RLB NAMED BEST OF THE BEST BY INSIDE PUBLIC ACCOUNTING Guelph, Ontario – September 4th, 2024 – RLB Chartered Professional Accountants, a leading accounting and advisory firm in Southern Ontario, is proud to announce that it has been named one of the “Best of the Best” firms by Inside Public Accounting (IPA) for 2024.  This ..read more
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The Importance of In Camera Minutes
RLB Chartered Professional Accountants Guelph
by Jessica Reuel
1M ago
If you have ever served on a Board of Directors before, it is normal practice for minutes to be kept. The Board minutes serve as an impartial witness to ensure that the Board is carrying out its fiduciary obligations and employing a deliberative decision-making process. But what happens when an in camera session is called ..read more
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AODA Compliance Reports Due for Businesses with 20 or more Employees
RLB Chartered Professional Accountants Guelph
by RLB People
1M ago
Since its inception in 2005, the Accessibility for Ontarians with Disabilities Act (AODA) (“The Act”) has been maintaining standards and timelines associated with identifying and removing barriers for people with disabilities in 5 areas of daily life. The ultimate goal of the Act is to achieve a more accessible and inclusive province by January 1 ..read more
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Application of GST/HST to Uninsured Medical Services
RLB Chartered Professional Accountants Guelph
by Blake De Luca
1M ago
The scope of GST/HST can often create confusion for physicians and health care providers due to the specifics contained in the general exemption for medical services. It is understood that most services performed by a medical practitioner are exempt from GST/HST where they are made for the purpose of: maintaining health, preventing disease, treating, relieving ..read more
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When Does GST/HST Apply On Food?
RLB Chartered Professional Accountants Guelph
by Blake De Luca
1M ago
If you have ever taken a closer look at your grocery or fast-food bill you may have noticed the calculation of GST/HST is not always obvious. There are often various tax codes and rates embedded within the receipt. Let’s look at how GST/HST applies to various categories of food and beverage, and how you can ..read more
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Protecting Not-for-Profit Directors from Personal Liability
RLB Chartered Professional Accountants Guelph
by Jessica Reuel
2M ago
There is an array of not-for-profit organizations across Canada. Not-for-profits rely on volunteer Board of Directors to work towards the mission and vision of the organization. However, many are not aware of the responsibilities and related liabilities that come with holding such a trusted position. Understanding your responsibility and possible liability as a charity or ..read more
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Therapy Services Now Exempt from GST/HST
RLB Chartered Professional Accountants Guelph
by Blake De Luca
3M ago
Some important changes to the taxation of psychotherapy and counselling therapy services were announced this week. While the House of Commons has recently adjourned for summer recess, a number of sales tax measures introduced prior to the break. This includes details contained in Bill C-59 receiving Royal Assent on June 20, 2024. Historically, psychotherapists and ..read more
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Some Therapy Services Now Exempt from GST/HST
RLB Chartered Professional Accountants Guelph
by Blake De Luca
4M ago
Some important changes to the taxation of Psychotherapy Counselling Therapy Services were announced this week. While The House of Commons has recently adjourned for summer recess, a number of sales tax measures announced prior to the break. This includes details contained in Bill C-59 receiving Royal Assent on June 20, 2024. Historically, psychotherapists and counseling ..read more
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