by Ricardo Ardiles | Uncategorized |
Many pharmacy owners ask us about whether it is better to buy a motor vehicle under the business or personal name. While having a company vehicle owned by your corporation may offer certain benefits, whether or not it provides savings for you depends on your...
by Ricardo Ardiles | Uncategorized |
Many pharmacy owners and self-employed pharmacists use their cars for work purposes, and may be able to deduct those expenses against their income when tax time comes around. Staff pharmacists and employees on payroll who use their cars while performing their duties,...
by Ricardo Ardiles | Uncategorized |
Ontario Pharmacy owners and relief pharmacists that have an incorporated business should be aware of changes in filing annual returns. Per the Corporations Information Act, an Ontario annual information return needs to be completed each year, to disclose and confirm...
by Ricardo Ardiles | Uncategorized |
Pharmacy accounting services are an excellent tool for a pharmacy owner to leverage. Pharmacists aren’t taught key business skills as a norm, so often when they open their own pharmacy, they don’t have the knowledge to run their businesses optimally. So...
by Ricardo Ardiles | Uncategorized |
As health care professionals, pharmacists are experts in their specific field, with a wealth of knowledge in patient counseling, medication management, improving patient health outcomes, and much more, but business and accounting knowledge isn’t taught at...
by Ricardo Ardiles | Uncategorized |
Canadians looking to buy their very first home in the future received some good news in April, 2023. A new program was offered by the federal government, creating a new tax-advantaged account that aims at helping Canadians save for a down payment for that first home....
