Great Tax Season

Thank you to all of you, for another great tax season.  We were very busy again, and I greatly appreciate your support for a local business like mine.  We have now started into our 14th year of business and that success is due to you, happy clients referring your friends to help us grow our business.  When you deal with Charles A Mowat Public Accountant, you get experience and knowledge that you can trust.

Keep an eye on my Facebook Business page, to see information updates that I post there frequently.

Mowat Accounting.com website updated – Reviewing my business is easy now.

Great news, I had my website updated recently, check it out.  One of the biggest additions is the BBB (Better Business Bureau) Logo and link.  If you click on the BBB logo it will take you to my site on the BBB website.  Notice the A+ Rating, and yes that is good.  Please take time to place a review for my business as most of my business growth over the years is because of all you great customers, that have referred my business to your friends, and I thank all of you for that help.

I invite you to click on the BBB Link and place a review.

Merry Christmas & Happy New Year

It is that time of year again where I have the opportunity to wish you a very Merry Christmas.  I hope you get to spend lots of time with your family and friends over the holidays.

It is my wish that you and your family have a happy, healthy and prosperous New Year.

New Minimum Wage in Saskatchewan

Minimum Wage and Minimum Call-out Pay

Minimum Wage

Effective October 1, 2016, the current minimum wage in Saskatchewan is $10.72 per hour.

Most employees must be paid at least minimum wage for each hour worked or spent at the disposal of their employer.

The minimum wage in Saskatchewan will be indexed. This means the minimum wage rate will be calculated using changes in the Consumer Price Index (CPI), a collection of goods and services typically purchased by households, and the Average Hourly Wage in Saskatchewan for the previous year. This new approach will help to provide security for minimum wage earners and ensure predictability for business owners in the province.

Changes to the minimum wage must be announced on or before June 30th of each year and will take effect October 1st of the same year to give business owners the ability to plan for the change.

Minimum Call-out Pay

Most employees get a minimum payment (“minimum call-out” pay) every time their employer requires them to report for work (other than for overtime), even if there is no work for them. Employees are to be paid a minimum of three hours at their hourly wage.  If an employee does work, but less than three hours, the employer is still required to pay the employee for a minimum of three hours of work at the employee’s hourly wage.

For example, if an employee, who is paid $15/hour, is called in to work and is sent home as there is no work for them to do, the employer is required to pay the employee $45 (minimum three hours of work at the employee’s hourly wage). If the same employee was called into work, and only worked 2 hours, the employer would still be required to pay the minimum call-out pay to the employee of $45.

Currently, minimum call-out pay rules do not apply to: 

  • Students in Grade 12 or lower during school term
  • School bus drivers
  • Noon hour supervisors employed by a school board

If these employees work, they are only paid for the time worked with a minimum of one hour.

 

Time to prepare you Income Tax Returns

Yes, it is that time of year again when we need to get your income tax return prepared and filed.  This tax season has been very busy already, but we still have many more returns to prepare.  The old saying goes, the sooner we get started the sooner you can put it behind you.

Thank you for supporting my business and I hope to see you soon.

BBB – Better Business Bureau Accreditation

Charles A Mowat Public Accountant is now Accredited by the “Better Business Bureau”.  I have had my accreditation since July 1st.  The BBB approached me this year about becoming accredited and I jumped at the opportunity.  My Business has been in business since February of 2004, and has been steadily growing ever since.  It is because of all the great customers that I have, that the business continues to grow year after year.  Your many referrals have contributed to that steady growth.  Thank You for allowing me the opportunity to help you with all your bookkeeping, payroll and Income tax needs.

Honesty & Integrity is my motto, and by using that philosophy we can keep the CRA (Canada Revenue Agency) away from your door.

Yes, I am still accepting new clients.

 

Fall Season

Now is a great time to dig out the box full of receipts and work on the bookkeeping that you have been postponing.  It is easier to do while the information is still fresh in your mind.  The pile of receipts is only 1/2 the size that it will be next spring.  It is always easier to do small jobs, than to do a big job later.  The best benefit is, by doing the books up to date now, is that you will have a good idea, as to where your business is at so far, year to date sales and expenses.  Good luck.

 

 

Tax Season – Home Stretch

If you have not had your Income Tax prepared yet, please do not wait any longer.  It has been an extremely busy season in our office. If you want to insure it is done before the April 30 deadline then please bring it in right away. There is a few people that have left it to the last minute, and it will be challenging this year to do too many in the last couple days.  Thank you to all of the people that have completed yours already and supported my business.  Personal and Professional, is what I strive for every day.  It has been my pleasure to help you keep as much of your money in your pocket as possible.

See you soon.

Ready for Tax Season

Time for Income Taxes to be prepared!

It is that time again, already.  As of Monday Feb 9th, we are now able to E-File your tax return.  As soon as you have all your T4’s and information, come and see me, and get that refund direct deposited into your bank account. It is a good time to set up Direct Deposit, if you haven’t already, as next year it will be mandatory to have all refunds direct deposited to your bank account.  The CRA will not send out manual cheques in 2016.