June 30, 2015
Home
FAQ
Contact
News
Only the most recent news items are listed below. To see all news items, please sign-in.
Click on an item in the table below to quickly jump to its details:
This Week
General
Jun 25, 2015 – JUNE 30 DEADLINE FOR T3010 IS FAST APPROACHING
The deadline for filing the Registered Charity Information Return, Form T3010, is June 30th for those with a fiscal year end of December 31.
June 30th is not the due date for submitting Form T3010 but is the due date by which it must be in the hands of CRA. Therefore, you are advised to mail it at least a few days before June 30th.
Older
General
Jun 5, 2015 – June TO DO List
- May payroll liabilities due June 15.
- The deadline for the Annual Registered Charity Information Return, Form T3010, is June 30th for those with a fiscal year end of December 31.
June 30th is not the due date for submitting Form T3010 but is the due date by which it must be in the hands of CRA. Therefore you are advised to mail it at least a few days before June 30th.
May 4, 2015 – May TO DO List
- April payroll liabilities due May 15.
- The June 30th deadline for the annual Registered Charity Information Return T3010 is fast approaching for those with a fiscal year end of December 31. If you have not yet started the process, be sure to set aside enough time to complete it properly.
Apr 9, 2015 – April TO DO List
- March payroll liabilities due April 15.
- Set aside financial reports and other items you will need when completing your annual Registered Charity Information Return on Form T3010.
- Make an appointment with yourself and clear enough time on your calendar to complete Form T3010 within six months from the end of your fiscal year. For example, if your fiscal year end is on December 31, your return is due on June 30.
Dec 23, 2014 – Automobile Deductions and Expenses for 2015
Finance Minister Joe Oliver today announced the automobile expense deduction limits and the prescribed rates for the operating expense benefit for income tax purposes that will apply in 2015.
The limit on the deduction of tax-exempt allowances paid by employers to employees using their personal vehicle for business purposes for 2015 will be increased by one cent to 55 cents per kilometre for the first 5,000 kilometres driven and to 49 cents for each additional kilometre.
The rates for the Northwest Territories, Nunavut and Yukon are traditionally set 4 cents higher and they will also increase by one cent to to 59 cents for the first 5,000 kilometres driven and to 53 cents for each additional kilometre.
These are the only changes for 2015 and all other limits and rates will remain the same as in 2014.
While the above information will be sufficient for most churches, additional details for specific situations including standby charges for the personal use of an employer provided vehicle, capital cost allowance, leasing costs, interest costs, etc. may be viewed on the Department of Finance Canada website.
Copyright © 2015 Church Treasurers of Canada Inc. All rights reserved. Privacy Policy.
Verified with Internet Explorer 6.0, FireFox 1.0.6, Chrome 2.0 (win)