News http://www.dhgroup.ca/index.php/site/index/ en admin@dhgroup.ca Copyright 2012 2012-02-23T17:15:34+00:00 Film and Television Tax Incentives http://www.dhgroup.ca/index.php/news/article/film_and_television_tax_incentives1/ Most business owners from sole proprietors to stakeholders in multimillion dollar corporations recognize that practical and thorough tax planning is critical to a healthy bottom line regardless of the industry. For example, the film and television production industry is becoming more lucrative for Canadian and foreign production corporations as a result of tax incentives provided by the Canadian federal and provincial governments. These tax incentives are a tremendous advantage as they provide a refundable tax credit system for eligible film and production corporations. Importantly, these tax incentives were designed to refund eligible expenditures to enhance growth, investment and novelty in the Canadian film industry. Accordingly, this document focuses on the film tax incentives that are available for domestic and foreign corporations that operate out of British Columbia, Canada. See the entire document here: film.pdf Business Reports Most business owners from sole proprietors to stakeholders in multimillion dollar corporations recognize that practical and thorough tax planning is critical to a healthy bottom line regardless of the industry.

For example, the film and television production industry is becoming more lucrative for Canadian and foreign production corporations as a result of tax incentives provided by the Canadian federal and provincial governments. These tax incentives are a tremendous advantage as they provide a refundable tax credit system for eligible film and production corporations. Importantly, these tax incentives were designed to refund eligible expenditures to enhance growth, investment and novelty in the Canadian film industry.

Accordingly, this document focuses on the film tax incentives that are available for domestic and foreign corporations that operate out of British Columbia, Canada.

See the entire document here: film.pdf

]]> 2012-02-23T17:15:34+00:00 Changes to the Canada Pension Plan http://www.dhgroup.ca/index.php/news/article/changes_to_the_canada_pension_plan/ There were some significant changes made to the Canada Pension Plan (“CPP”) that took effect on January 1, 2012.  These changes will have implications both for individuals collecting CPP benefits and for individuals between the ages of 60 and 70 who are working and collecting CPP benefits. Please see our newsletter here for more information Announcements There were some significant changes made to the Canada Pension Plan (“CPP”) that took effect on January 1, 2012.  These changes will have implications both for individuals collecting CPP benefits and for individuals between the ages of 60 and 70 who are working and collecting CPP benefits.

Please see our newsletter here for more information

]]> 2012-01-18T20:00:33+00:00 4 for 4, The Sweet Smell of Success http://www.dhgroup.ca/index.php/news/article/4_for_4_the_sweet_smell_of_success/ On behalf of the twelve partners of D&H Group and its 60+ strong staff, congratulations to our successful Uniform Final Examination writers, Vivian Tam, Chania Lau, Marcus Brandt and Carey Lee. Their individual efforts and the support of the D&H Group team (mentors, teachers, supporters and friends) has lead to their success. D&H Group devotes resources and more importantly time to our students, who are already successful on their own, in order to achieve the all important passing grade on this exam. Well done! Photo courtesy of James Tong Announcements image

On behalf of the twelve partners of D&H Group and its 60+ strong staff, congratulations to our successful Uniform Final Examination writers, Vivian Tam, Chania Lau, Marcus Brandt and Carey Lee.
Their individual efforts and the support of the D&H Group team (mentors, teachers, supporters and friends) has lead to their success.
D&H Group devotes resources and more importantly time to our students, who are already successful on their own, in order to achieve the all important passing grade on this exam.

Well done!

Photo courtesy of James Tong

]]> 2011-12-03T05:11:32+00:00 2011 Year End Tax Planning http://www.dhgroup.ca/index.php/news/article/2011_year_end_tax_planning/ Planning ahead over the entire year is ideal, but by considering specific tax planning matters now, you may be able to reduce your tax bite next April and save tax for you and your family for 2011.  These planning points are not intended to serve as specific advice.  Always seek the advice of your D&H advisor before implementing any of the suggestions contained in this newsletter. 2011_Year_end_tax_planning.pdf Announcements Planning ahead over the entire year is ideal, but by considering specific tax planning matters now, you may be able to reduce your tax bite next April and save tax for you and your family for 2011.  These planning points are not intended to serve as specific advice.  Always seek the advice of your D&H advisor before implementing any of the suggestions contained in this newsletter.

2011_Year_end_tax_planning.pdf

]]> 2011-11-30T19:43:48+00:00 2011 Federal Budget http://www.dhgroup.ca/index.php/news/article/2011_federal_budget/ On June 6, 2011, the Honorable Jim Flaherty, Minister of Finance, re-introduced the federal Budget which essentially contains all of the same tax measures as the Budget tabled on March 22, 2011. Although it completes the government’s tax relief and spending provisions announced in last January’s “Economic Action Plan” to help stimulate the economy, it is a more restrained Budget than the past few years. The Budget contains no major surprises or significant shifts in government economic or fiscal policy. Specifically, it does not propose to raise taxes or cut major transfers for health care, education or pensioners. Instead, the Budget relies on cuts to defense spending and foreign aid, along with future departmental spending freezes, to attempt to reduce the deficit by 2015. While the Budget does not propose changes to corporate or personal tax rates, it does include proposals to offer targeted tax relief, and to close certain tax “loopholes,” that will affect both businesses and individuals. For more information see the full article here… Announcements On June 6, 2011, the Honorable Jim Flaherty, Minister of Finance, re-introduced the federal Budget which essentially contains all of the same tax measures as the Budget tabled on March 22, 2011. Although it completes the government’s tax relief and spending provisions announced in last January’s “Economic Action Plan” to help stimulate the economy, it is a more restrained Budget than the past few years. The Budget contains no major surprises or significant shifts in government economic or fiscal policy. Specifically, it does not propose to raise taxes or cut major transfers for health care, education or pensioners. Instead, the Budget relies on cuts to defense spending and foreign aid, along with future departmental spending freezes, to attempt to reduce the deficit by 2015.


While the Budget does not propose changes to corporate or personal tax rates, it does include proposals to offer targeted tax relief, and to close certain tax “loopholes,” that will affect both businesses and individuals.



For more information see the full article here…

]]> 2011-06-28T16:24:19+00:00 D+H Group LLP and partner, Michael Louie support Vancouver Inner City Annual Christmas Dinner http://www.dhgroup.ca/index.php/news/article/dh_group_llp_and_partner_michael_louie_support_vancouver_inner_city_annual_/ D+H Group LLP and partner, Michael Louie, support Vancouver Inner City annual Christmas dinner with a donation to help over 600 people and provide at-risk students with an additional year of after school programming. D+H Group works in the community and with community groups and is in full support of the Hastings Tillicum Community’s initiatives. See the letter below. Hastings_Tillicum_Community_Christmas_Dinner.pdf Announcements D+H Group LLP and partner, Michael Louie, support Vancouver Inner City annual Christmas dinner with a donation to help over 600 people
and provide at-risk students with an additional year of after school programming.
D+H Group works in the community and with community groups and is in full support of the Hastings Tillicum Community’s initiatives.

See the letter below.

Hastings_Tillicum_Community_Christmas_Dinner.pdf

]]> 2011-01-28T18:12:27+00:00 2010 Year End Tax Planning http://www.dhgroup.ca/index.php/news/article/2010_year_end_tax_planning/ Planning ahead over the entire year is ideal, but by considering specific tax planning matters now, you may be able to reduce your tax bite next April and save tax for you and your family for 2010.  These planning points are not intended to serve as specific advice.  Always seek the advice of your D&H advisor before implementing any of the suggestions contained in this newsletter. 2010_Year_end_tax_planning.pdf Announcements Planning ahead over the entire year is ideal, but by considering specific tax planning matters now, you may be able to reduce your tax bite next April and save tax for you and your family for 2010.  These planning points are not intended to serve as specific advice.  Always seek the advice of your D&H advisor before implementing any of the suggestions contained in this newsletter.

2010_Year_end_tax_planning.pdf

]]> 2010-12-10T00:42:04+00:00 D&H Participates in Movember 2010 http://www.dhgroup.ca/index.php/news/article/dh_participates_in_movember_2010/ This past November, a crew from the D&H Group staff participated in the Movember fight to end Prostate Cancer by donning moustaches. The D&H staff raised $2725.00 this year to add to Canada’s 20 million dollar donation to the charity.  This year Canada ranked number one for total funds raised above Australia, the United Kingdom and the United States. See the Statistics Announcements This past November, a crew from the D&H Group staff participated in the Movember fight to end Prostate Cancer by donning moustaches.

image

The D&H staff raised $2725.00 this year to add to Canada’s 20 million dollar donation to the charity.  This year Canada ranked number one for total funds raised above Australia, the United Kingdom and the United States.

See the Statistics

]]> 2010-12-07T18:24:59+00:00 Congratulations to our 2010 UFE finalists!  92% UFE pass rate over the last 10 years. http://www.dhgroup.ca/index.php/news/article/congratulations_to_our_ufe_finalists_92_ufe_pass_rate_over_the_last_10_year/ Congratulations to our 2010 UFE finalists who have passed the UFE!  Ben Waterer Brandon MacNeil Heidi Mo Krystal Yee Richard Groves Richard Stolz Volodya Gusak Our firm has had a 92% UFE pass rate over the last 10 years.  Continuing our firm’s tradition of celebrating our successes. (L-R):  Krystal Yee, Volodya Gusak, Richard Groves, Richard Stolz, Heidi Mo, Ben Waterer, Brandon MacNeil Announcements Congratulations to our 2010 UFE finalists who have passed the UFE! 

Ben Waterer
Brandon MacNeil
Heidi Mo
Krystal Yee
Richard Groves
Richard Stolz
Volodya Gusak

Our firm has had a 92% UFE pass rate over the last 10 years. 
Continuing our firm’s tradition of celebrating our successes.

image

(L-R):  Krystal Yee, Volodya Gusak, Richard Groves, Richard Stolz, Heidi Mo, Ben Waterer, Brandon MacNeil

]]> 2010-12-03T18:33:45+00:00 International Financial Reporting Standards Information Session http://www.dhgroup.ca/index.php/news/article/international_financial_reporting_standards_information_session/ D&H Group LLP hosted a half-day information session today, for clients and friends of the firm who are soon to implement International Financial Reporting Standards (IFRS).  This session was a high-level overview of major differences between Canadian generally accepted accounting standards and IFRS of interest to companies in the publicly-listed venture capital marketplace.  All Canadian publicly-listed companies must adopt IFRS for fiscal years beginning on and after January 1, 2011.  For more information on IFRS implementation, please contact Gordon Cummings of D&H Group LLP at 604-731-5881. Announcements D&H Group LLP hosted a half-day information session today, for clients and friends of the firm who are soon to implement International Financial Reporting Standards (IFRS). 

This session was a high-level overview of major differences between Canadian generally accepted accounting standards and IFRS of interest to companies in the publicly-listed venture capital marketplace.  All Canadian publicly-listed companies must adopt IFRS for fiscal years beginning on and after January 1, 2011. 

For more information on IFRS implementation, please contact Gordon Cummings of D&H Group LLP at 604-731-5881.

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