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Office Hours

Monday to Friday: 9 am – 5 pm. Weekend appointments available upon request.

Please call:(604) 370-0888

280-8351 Alexandra Rd, Richmond, BC V6X 3P3 Canada

Corporate Tax

联邦 UHT 2026 申报与加拿大住宅物业税务文件整理

Underused Housing Tax (UHT) Canada Guide | Michael Gao CPA

UHT (Underused Housing Tax) Federal Vacant Housing Tax The Underused Housing Tax (UHT) is a federal tax primarily targeting non-Canadian residents and corporations that own vacant or underused residential properties in Canada.The UHT rate is 1% of the property’s value, and it came into effect on January 1, 2022. How UHT Is Calculated The property value is determined as the greater of either: The government-assessed property value, or The most

Read More »

Salary vs Dividend in Canada: How to Minimize Taxes | Michael Gao CPA

In Canada—a country known for its strict tax regulations—many business owners often face the same confusion:After all the hard work of running a business, when the company makes a profit, how can that profit be converted into personal income?Why can’t funds be directly withdrawn from the company account?How can one access funds with the lowest possible tax burden? Today, we’ll focus on the two most common forms of income—salary and

Read More »

T1134 Foreign Affiliate Reporting|Filing Deadline & Non-Operating Company Rules

Is Filing Form T1134 Mandatory? Form T1134, Information Return of Controlled and Not-Controlled Foreign Affiliates, must be filed by the following taxpayers: Canadian resident taxpayers whose foreign corporation is a foreign affiliate (FA) or a controlled foreign affiliate (CFA) at any time during the year; In addition, the following situations are relevant when determining filing obligations: Where a non-resident partner’s share of the partnership’s income or loss for the year

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Statutory Holiday Pay in British Columbia: Rules, Eligibility & Calculation

Statutory Holiday Pay in British Columbia (BC) According to the BC Employment Standards Act, eligible employees are entitled to paid statutory holiday pay on official public holidays. There are currently 10 statutory holidays in BC: New Year’s Day Family Day Good Friday Victoria Day Canada Day BC Day Labour Day Thanksgiving Day Remembrance Day Christmas Day Note: Easter Sunday, Easter Monday, and Boxing Day (December 26) are not statutory holidays

Read More »

Canada Recovery Hiring Program (CRHP): Eligibility, Rates & Application | Michael Gao CPA

Canada Recovery Hiring Program (CRHP) On June 2, Deputy Prime Minister and Minister of Finance Chrystia Freeland and Minister of Small Business, Export Promotion and International Trade Mary Ng announced the launch of the Canada Recovery Hiring Program (CRHP). This program is designed to help businesses that were heavily impacted by the COVID-19 pandemic rehire the workers they need as local economies reopen — enabling them to recover and grow.

Read More »
联邦 UHT 2026 申报与加拿大住宅物业税务文件整理

Underused Housing Tax (UHT) Canada Guide | Michael Gao CPA

UHT (Underused Housing Tax) Federal Vacant Housing Tax The Underused Housing Tax (UHT) is a federal tax primarily targeting non-Canadian residents and corporations that own vacant or underused residential properties in Canada.The UHT rate is 1% of the property’s value, and it came into effect on January 1, 2022. How UHT Is Calculated The property value is determined as the greater of either: The government-assessed property value, or The most

Read More »

Salary vs Dividend in Canada: How to Minimize Taxes | Michael Gao CPA

In Canada—a country known for its strict tax regulations—many business owners often face the same confusion:After all the hard work of running a business, when the company makes a profit, how can that profit be converted into personal income?Why can’t funds be directly withdrawn from the company account?How can one access funds with the lowest possible tax burden? Today, we’ll focus on the two most common forms of income—salary and

Read More »

T1134 Foreign Affiliate Reporting|Filing Deadline & Non-Operating Company Rules

Is Filing Form T1134 Mandatory? Form T1134, Information Return of Controlled and Not-Controlled Foreign Affiliates, must be filed by the following taxpayers: Canadian resident taxpayers whose foreign corporation is a foreign affiliate (FA) or a controlled foreign affiliate (CFA) at any time during the year; In addition, the following situations are relevant when determining filing obligations: Where a non-resident partner’s share of the partnership’s income or loss for the year

Read More »

Statutory Holiday Pay in British Columbia: Rules, Eligibility & Calculation

Statutory Holiday Pay in British Columbia (BC) According to the BC Employment Standards Act, eligible employees are entitled to paid statutory holiday pay on official public holidays. There are currently 10 statutory holidays in BC: New Year’s Day Family Day Good Friday Victoria Day Canada Day BC Day Labour Day Thanksgiving Day Remembrance Day Christmas Day Note: Easter Sunday, Easter Monday, and Boxing Day (December 26) are not statutory holidays

Read More »

Canada Recovery Hiring Program (CRHP): Eligibility, Rates & Application | Michael Gao CPA

Canada Recovery Hiring Program (CRHP) On June 2, Deputy Prime Minister and Minister of Finance Chrystia Freeland and Minister of Small Business, Export Promotion and International Trade Mary Ng announced the launch of the Canada Recovery Hiring Program (CRHP). This program is designed to help businesses that were heavily impacted by the COVID-19 pandemic rehire the workers they need as local economies reopen — enabling them to recover and grow.

Read More »
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