by Ricardo Ardiles | COVID-19, Pharmacy Owners |
The Federal Government announced on Friday that applications for the Canada Emergency Rent Subsidy (CERS) will start this Monday, November 23rd. The CERS program replaces the Canada Emergency Commercial Rent Assistance (CECRA) program which has now ended. This new...
by Ricardo Ardiles | Pharmacy Owners, COVID-19 |
On Friday, Premier Doug Ford announced that effective this coming Monday, November 23rd, 2020 Toronto and Peel region will be in lockdown. The Premier also announced $600M in funding to help businesses with the cost of PPE and fixed costs, such as property taxes and...
by Ricardo Ardiles | Pharmacy Owners, COVID-19, Reliefs |
Effective April 9, 2020 the application for Canada Emergency Business Account (CEBA) became available and pharmacies have the ability to apply for Government relief online. Effective June 26, 2020 additional measures have rolled out to allow for more pharmacies who...
by Ricardo Ardiles | Reliefs, Pharmacy Owners, Staff Pharmacists |
Happy New Year!! From the team at Pharma Tax, we wish you nothing but success in 2020. Our goal is to help you save taxes this year and every year going forward. Why? Pharmacists pay a lot of taxes. On average, your tax rate is about 43% so about half of what you make...
by Ricardo Ardiles | Pharmacy Owners, Reliefs, Staff Pharmacists |
There are a few things to consider before the end of the year if you want to save money on your 2019 tax bill. Here are 18 year end tax planning tips that can help you save money. Prior to implementing any strategy, you should consult with tax and legal advisors to...
by Ricardo Ardiles | Staff Pharmacists, Pharmacy Owners, Reliefs
Whether you’re purchasing your first home or 2nd, 3rd, it’s become very difficult for Canadians to save for a down payment. Saving for a $100K down payment seems almost impossible for a lot of pharmacists because almost half of what you make goes to tax...