Blog - FinTech College of Business And Technology

2022 Federal Budget Analysis

Income Tax

On April 7, 2022, the Government’s budget was presented. Below are the Personal Tax Insights from this year’s announcement. Tax-Free First Home Savings Account The budget proposes to create a new…

Exciting New Beginning: Fintech Academy is re-branding to Fintech College

Fintech Academy

Fintech Academy was started with a goal to provide quality education to students in Accounting, Bookkeeping and Taxation fields. More than 2,500 students have taken education via our courses from…

Coming Soon ON May 2nd

Canada Revenue Agency

Want to know what’s NEW at Fintech! Get NOTIFIED here.

Employer Health Tax – Ontario

Canada Revenue Agency

What is Ontario’s Employer Health Tax? The EHT is a payroll tax paid by employers based on their total annual remuneration. EHT contributions made by an employer are determined by…

Climate Action Incentive – 2022 Update

Canada Revenue Agency

What is Climate Action Incentive? CAI is a type of tax credit that you can claim on your income taxes. It was first introduced to residents of Manitoba in 2018. New Brunswick…

What is T4A? What is T5018?

Canada Revenue Agency

What is T4A? What is T5018? T4A and T5018 forms are used to record payments made to subcontractors during either the previous fiscal or calendar year. What is T4A?…

WSIB Premium Rates – Ontario 2022

Canada Revenue Agency

2022 WSIB Premium Rates – Ontario. The Workplace Safety and Insurance Board (WSIB) has announced that the average premium rate for Ontario businesses will be reduced by 5.1 per cent…

Minimum Wage Rate – Ontario 2022

Canada Revenue Agency

Minimum Wage in Ontario Effective January 1st 2022. Effective January 1st, 2022 minimum wage in Ontario will be increasing. Minimum wage is the lowest wage rate an employer can pay an…

CPP – EI Calculations 2021 and 2022

Canada Revenue Agency

CPP-EI 2021 and 2022

Payroll Tax tables are available – Effective from January 1, 2022 to June 30, 2022.

Canada Revenue Agency

New Payroll Tax tables are available for 1st January 2022 – QuickBooks Desktop. To do the Update, please complete the below steps: On the Home Page or QuickBooks Menu Bar…