Gregory, Harriman & Associates LLP Blog

2025 Resilient Agricultural Landscape Program (RALP)

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Published: Thursday, 30 January 2025 20:54

Applications for 2025 under Year 3 of the Resilient Agricultural Landscape Program (RALP) are set to open on February 3, 2025. 

This program is offered through the Sustainable Canadian Agricultural Partnership (Sustainable CAP).  The objective is to increase the environmental resiliency of agricultural landscapes by accelerating adoption of beneficial management practices that maximize carbon sequestration and enhanced climate resilience.

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2024 Christmas Letter

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Published: Thursday, 19 December 2024 15:53

GH&A is rounding out the 2024 year with our annual Christmas Letter and we would like to take this opportunity to wish our clients and their families Happy Holidays and all the best in the new year!

This year’s edition of the Christmas Letter, as in years past, will be our opportunity to communicate some important developments in personal and corporate tax along with important tools and tips to help manage your business and accounting needs. We will also advise on some staff announcements and community involvement that our firm is happy to highlight.

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Livestock Tax Deferral – Prescribed Drought Regions for 2024 Announced

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Published: Wednesday, 19 June 2024 16:04

The Livestock Tax Deferral Provision allows for a portion of sales proceeds to be deferred to the following year, where producers in prescribed regions sell breeding stock due to drought. 

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Tax Instalment Payment Reminder

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Published: Wednesday, 05 June 2024 14:37

If your net tax owing is more than $3,000 for 2024 you may be required to pay your tax in instalments. The requirement to make instalment payments can apply to both individuals and corporations depending on your specific circumstances.

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UPDATE - Canada Revenue Agency Announces 2023 Exemption for Bare Trust Filings

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Published: Wednesday, 03 April 2024 15:05

On Thursday, March 28^th, the Canada Revenue Agency released a statement indicating that it will not require bare trusts to file a T3 Income Tax and Information Return (T3 return), including Schedule 15 (Beneficial Ownership Information of a Trust), for the 2023 tax year, unless the CRA makes a direct request for these filings.

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2023 Christmas Letter

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Published: Wednesday, 20 December 2023 21:08

With the 2023 holiday season upon us, and as we move into a new year, GH&A would like to take this opportunity to wish Happy Holidays to all of our clients and your families!

This Christmas Letter, as in years past, will be our opportunity to advise you on some important personal and corporate tax matters, as well as review tax changes and developments that have happened in 2023. We have also added some valuable tips to help manage your personal and business accounting needs, and this letter will highlight some updates to our firm and community involvement.

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