Taxes

How to Calculate EBITDA

EBITDA stands for Earnings Before Interests, Tax, Depreciation and Amortization. Almost all companies around the world are all in business for the same motive – profit making. Quite simply put, in order to make profit, companies need to generate more revenue than the various costs incurred in the process of carrying out their business. However, …

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7 Best Payroll Calculators in Canada

Payroll calculators are useful tools that can be used by business owners (employers) and employees. It can be a viable tool for employers in organizing and managing businesses, irrespective of their size. Payroll calculators also help employees to calculate payroll taxes and have an idea of their after-tax payments. Every pay period, many businesses and …

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What is the Canadian Federal Benefit Payment?

The good people of Canada contribute 15% of their income to fund the federal benefit payment plan. The funds are disbursed into splinter programs that include: Family Benefits Public Pensions Employment Insurance Education and Student Aid Disability benefits Housing benefits Our focus will be on Employment Insurance and Public Pensions. For other federal benefit payment …

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