by Ricardo Ardiles | Uncategorized |
The new Underused Housing Tax (UHT) is an annual 1% tax that may impact you if you own residential property in Canada. Owners of such properties who are non-resident, non-Canadian, or in some cases even Canadian owners, may be required to pay this tax. Normally, you...
by Ricardo Ardiles | Pharmacy Owners |
Inventory management is a time consuming balancing act, but a critical aspect of pharmacy ownership. Because effectively managing inventory takes time, it can often be delegated to a technician or other employee. For the greatest success, it should involve a certain...
by Ricardo Ardiles | Pharmacy Owners, Retiring Pharmacists, Staff Pharmacists |
Owning and managing pharmacies is hard work. A lot of expertise outside of pharmaceutical knowledge is needed for the business aspects - most of which isn't covered in pharmacy school.The annual, monthly, and daily operations of pharmacy accounting is complex and...
by Ricardo Ardiles | COVID-19, Pharmacy Owners, Staff Pharmacists |
If you are getting ready to file your taxes with the Canada Revenue Agency, there have been some new changes to taxes and tax benefits which may impact you. Below are some of the new measures and tax changes for this tax season.Limits For Savings ContributionsIn 2023,...
by Ricardo Ardiles | Pharmacy Owners, Staff Pharmacists |
If you are starting a new pharmacy business, or have been running one for some time, you may be realizing you will need help managing your money and bookkeeping.Many pharmacists and owners of pharmacies handle their own accounting, but hiring an accountant can reduce...