Welcome to English & Jones LLPProudly serving the Greater Niagara Region and beyondEnglish & Jones LLP is a firm of Chartered Accountants based in St. Catharines, Ontario, Canada. We are able to offer a wide range of services including: Accounting and Auditing, Personal and Corporate taxation, Financial Advisory and much more. |
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Latest News
$7.2 billion deficit recorded for first quarter of 2010-11
The August release of the Department of Finance publication The Fiscal Monitor indicates that the federal government deficit for the first quarter (April to June) of the 2010-11 fiscal year stood at $7.2 billion.
Responding to a CRA information request
Earlier this year, Canadians filed nearly 25 million individual tax returns in about a three-month period between March and June, and every one of those returns was processed and assessed by the Canada Revenue Agency (CRA). The CRA’s goal is to have each paper-filed return processed and a Notice of Assessment mailed out to the taxpayer within four to six weeks. For E-filed, net-filed, or tele-filed returns, the Agency’s self-imposed deadline is reduced to two weeks. Working within such time frames, it’s obviously impossible for the CRA to examine every return in minute detail and to verify the accuracy of each and every deduction and credit claimed. And that’s why many Canadians find an unexpected letter from the CRA in the mailbox at this time of year.
CRA announces a new simplified logbook for motor vehicle expenses
In the 2008 Federal Budget, the Government of Canada, through recommendations by the CFIB, identified the requirement to keep a logbook as the most burdensome aspect of the motor vehicle tax provisions for its members.
