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Taxccount's Blog

How to Avoid Paying Taxes on Used Car in BC
  • January 24, 2025

If you were to purchase a used car directly from another person you are subjected to part with 12% PST.

Understanding the Luxury Car Tax in BC
  • January 24, 2025

The luxury car tax in BC is imposed when making a purchase or leasing of vehicles at an individually specified price.

Mastering Your Finances with a Reverse Tax Calculator
  • January 08, 2025

A reverse tax calculator is an online tool for calculating pre-tax income, depending on the desired, or given, post-tax income, tax rate, etc.

Understanding Toronto property tax: What You Need to Know
  • January 08, 2025

With Toronto being home to a diverse population, and a strong economy, one would expect a vibrant property sector.

Understanding the BC Renters Tax Credit: A Valuable Benefit for Tenants in British Columbia
  • January 08, 2025

Being a resident of British Columbia (BC), like in any other province, has its own financially drawbacks, particularly when it comes to housing.

What is Line 15000 on a Tax Return in Canada?
  • January 07, 2025

Most Canadians always come across some terms they are not very familiar with when they are filing taxes.

How Long Does It Take to Get a Tax Refund in Canada?
  • January 07, 2025

In Canada, there are a large number of people who are expecting their tax rebates when the season comes.

What is Line 10100 on a Tax Return in Canada?
  • December 18, 2024

Why Line 10100 is crucial because it is one of the base numbers that is used for calculating your gross income.

Why the Tax Administration Work is Important to Trust Service?
  • December 17, 2024

 

The globalized economy of the present-day world is led by trust and reliability which serve as the basis for most business.

How to apply for GST/ HST credit in Canada?
  • January 30, 2023

The Goods and Services Tax (GST) Credit, referred to as the Harmonized Sales Tax (HST) Credit in certain provinces, is a tax-free payment issued by the Canadian government every quarter.

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