The Government of Canada has announced a GST/HST holiday tax break on certain items running from December 14, 2024, to February 15, 2025.
To help businesses and accountants navigate these temporary measures, we’ve created a 22-minute video outlining:
Key details and dates of the GST/HST holiday
Which items are impacted
Restrictions and clarifications
Input Tax Credits
Business and consumer considerations
Looking for more information? Please review these sources:
This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team.
Topics:
Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.
This 10-minute video for Canadian Tax Professionals includes a rapid-fire discussion of select recent developments in the wonderful world of Canadian tax presented by the Video Tax News Team.
Topics:
Life in the Tax Lane is for general information purposes only and deals with dynamic, time-sensitive and complex matters that may not apply to particular facts and circumstances. The information provided should not be relied upon as a substitute for specialized professional advice in connection with any particular matter. For more information visit videotax.com/disclaimer. ©Video Tax News Inc. 2024, All Rights Reserved.
A T1 general preparation course for newer preparers
3-hours | Pre-recorded online | 2-week sessions |
2025 Edition
Are you looking for a standardized tool to train your T1 team? Look no further.
Join us for the 17th annual Newbies to Ninjas: Personal Tax, a T1 general preparation course for 2024 returns.
Focusing on the fundamentals, this course transitions the registrant’s theoretical knowledge into practical skills. Use it in conjunction with a discussion of your firm's administrative procedures, and newer preparers will gain the knowledge and confidence to prepare T1s with increased efficiency, accuracy and the tools to identify planning opportunities.
The end result – a knowledgeable and productive T1 tax preparation team!
Join Video Tax News and tax professionals from across Canada at the 43rd annual Personal Tax Update, an intense T1 General preparation course designed for accountants involved in the planning, preparation and review of personal tax returns.
Tax specialists Joseph Devaney CPA, CA and Caitlin Butler CPA, CA lead this fast-paced and highly detailed 7-hour course offering practical analysis and commentary, including hundreds of tips and traps. Video presentations from Hugh Neilson FCPA, FCA, TEP will offer insights from decades of experience in tax advisory for individuals and owner-managed private corporations.
Choose the best format for your schedule and learning style. For 2025, we are offering virtual live, in-person, and pre-recorded sessions from January to May. These sessions are tailored to specific regions across Canada to provide targeted, practical tax updates.