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...
by Ricardo Ardiles | Pharmacy Owners, Reliefs, Staff Pharmacists
The start of every year brings new tax changes that the Canadian government implements. These tax changes affect how much money you’ll receive every payday in 2019. As a result, you’ll likely be scratching your head when you see that your net pay is a...
by Ricardo Ardiles | Staff Pharmacists, Pharmacy Owners, Reliefs |
It’s that time of year again, the holiday season! Now is the time where most people reflect on the year they’ve had, what they could have done better, and set goals for an even more successful 2019. How about saving money on taxes? Many list “saving...
