Cancellation of the Harmonized Sales Tax Rate (HST) increase on April 30, 2015, the Government of Newfoundland and Labrador announced its intention to increase the rate of the Newfoundland and Labrador component of the Harmonized Sales Tax (HST) to a rate of $.010 effective January 1, 2016, resulting in an HST rate of $0.15.MORE
Reimbursing employees for business use of a personal vehicle is generally based upon mileage.
The current federal rate is $0.575/mile, and starting Jan. 1, 2016 the standard milage rate will be $0.54/mile. Beginning on Jan. 1, 2016, the standard mileage rates will be:
- Business: $0.54 cents per mile, down from $0.575 cents for 2015
- Medical or...
Expense reporting solutions have made large advances in recent years. If you haven’t reviewed your expense reporting process lately you may be short-changing your employees, accounting team, and operational budgets!MORE
Are you ready for the updated European VAT rates? Easily manage European VAT rate changes with DATABASICS. As the world constantly changes, both political and economic events can prompt VAT and other consumption tax changes.MORE
The DC Wage Theft Prevention Amendment Act has its heart in the right place. Too many workers are shamefully exploited. But rather than crafting legislation that targets the kind of employers where most of the abuse cluster, the Act sweeps up everyone, assumes the worst, and imposes an across-the-board penalty: a burdensome record-keeping...MORE