Author name: Kayden McDowell

Introduction The Goods and Services Tax (GST) is a simplified tax system applied to nearly all goods and services consumed within a country. It was introduced as a solution to the complex, multi-layered indirect tax structure that previously existed, which included various regional and federal taxes like VAT (Value Added Tax), service tax, excise duty, […]

As a small business owner, keeping your books in order is crucial for the success of your company. Accurate and organized bookkeeping can help you track your finances, make informed business decisions, and comply with tax laws. In this blog, we will share five bookkeeping tips for keeping your business’s books in order. At White Raven

If you own a business or know someone who has, then chances are you’ve heard of a “write-off,” also known as tax deductions. According to the Government of Canada: “you can deduct any reasonable current expense you incur to earn income.” Now that we know this information, we need to know what a current expense