CML Business Services TAXATION  ACCOUNTING  CONSULTING
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THE LATEST NEWS:

Check www.cbc.ca for information on questionable charity receipts. If a plan sounds to good to be true, by offering more deductions than you pay out, then it likely is. At CML we don’t put our clients at risk with untested tax deductions or questionable schemes.                                               June 3, 2008

Harmonized Sales Tax, Ontario

WHEN: Effective July 1, 2010

WHAT: A combined tax of five per cent GST and eight per cent Ontario sales tax.  Prices on most items won’t change. Some consumer goods for children will still be tax exempt. Services that used to charge only 5% will now have to charge 13% sales tax.

WHO: Every Ontarion. The province of British Columbia is harmonizing at this time as well.       

WHY:  It will actually be more efficient for businesses to administer one type of sales tax, and this will save them money. Coupled with less PST within the supply chain, companies will be more competitive and be able to pass more savings on to the consumer.

If you are running a business, talk to CML Business Services before July1, 2010 to be prepared for the change.

Legal CML Business Services has a strict policy for handling customer information. The information you provide to CML Business Services is confidential and protected to the fullest extent possible. CML Business Services will not disclose or distribute customer information to third parties without prior written consent by the customer. For complete details, please review the following policies:

Terms of Use
Welcome to the CML Business Services Web site (the "Site"). By accessing this Site, you agree to be bound by the terms and conditions below (the "Terms"). If you do not agree to all of the Terms, please do not use the Site. CML Business Services may from time to time modify or revise the Terms by updating this Web page. Your use of our Site following any such change constitutes your agreement to follow and be bound by the Terms as changed. If any change is unacceptable to you, your only recourse is to terminate your use of the Site.

Privacy
It is our policy to respect the privacy of individuals who visit the Site or provide Comments to us. Our privacy policy (the "Privacy Policy"), which you may view at , is incorporated herein by reference. By accepting these Terms, you expressly consent to the use and disclosure of your personally identifiable and other information as described in the Privacy Policy.

Miscellaneous
These Terms are governed by and shall be construed in accordance with the laws of the ON without giving effect to any principles of conflicts of law. If any provision of these Terms shall be unlawful, void, or for any reason unenforceable, then that provision shall be deemed severable from these Terms and shall not affect the validity and enforceability of any remaining provisions. These Terms are effective unless and until terminated by CML Business Services.

 

info@cmlbusinesservices.ca

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