Trusted Tips and Resources

Trusted Tips & Resources

Trusted Saskatoon Accountants at HTH CPA's Tax Tip: Underused Housing Tax (UHT) Returns

Hounjet Tastad Harpham has decades of accounting experience working with clients across Saskatchewan. Their expert accounting advice is valued by clients ranging from individuals to businesses, small and large. Hounjet Tastad Harpham is a Trusted Saskatoon Accounting firmand in their latest helpful Saskatoon accounting and tax tip, they explain the new Underused Housing Tax (UHT) Returns.

Underused Housing Tax (UHT) 

The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, and as of December 31, 2022, it will impact certain residential property owners. 

 

A residential property owner who is not classified as an “Excluded Owner” must file the UHT return by April 30 of the following year. They may be required to pay an annual 1% tax on the Taxable Value or the Fair Market Value of the vacant or underused housing.  

 

Excluded Owners include Canadian citizens and permanent residents, so most individuals will not need to file a UHT return. However, all private corporations, partnerships and trusts (even those owned by Canadian citizens) who own residential property will be required to file a UHT return annually, even if they are exempt from the UHT.  

 

Failure to file a UHT return has significant penalties, starting at $5,000 for individuals and $10,000 for corporations. Further, failure to file could lead to the UHT being payable, even if an exemption should have applied.  

 

If you are a Canadian citizen or permanent resident (except in capacity as a partner or trustee), no action is required on your part. Anyone else who owns residential property, including individuals who own the property as a partner or trustee, may want to consider discussing your situation with your tax advisor.  

 

Exemptions

Your ownership of a residential property may be exempt from the Underused Housing Tax for a calendar year depending on:
  • the type of owner you are
  • the availability of the residential property
  • the location and use of the residential property
  • the occupant of the residential property
Remember, if you are an affected owner of a residential property in Canada on December 31 you still have to file an Underused Housing Tax return for the residential property for the calendar year, even if your ownership qualifies for an exemption.

---------------------------------------------------------------------



Accounting Services:

If you are looking for a Saskatoon chartered professional accountancy firm contact the team at Hounjet Tastad Harpham today.

HTH is a Trusted Saskatoon Accountant 

Tax specialist



Trusted Saskatoon Group Benefits Professionals at Aurora Workplace Solutions Explain Critical Illness Insurance

Aurora Workplace Solutions are about creating brilliant futures by developing wealth security for businesses and individuals. As experts in the industry, they keep on top of recent news including changes to relevant group benefit plans, retirement savings options, and guidelines and policies. They also keep their eyes open for informative articles we think are of interest to our current and potential clients. Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Importance of Critical Illness Insurance Explained

Critical Illness Insurance Coverage Helps You Recover

A critical illness can strike at any time, and it can happen to anyone, regardless of their age or gender. Although the incidence of cancer, heart disease, and stroke are rising in Canada, the odds of surviving a critical illness are better than ever. Thanks to medical advances.

But surviving a health crisis can often involve a number of financial challenges for which you were unprepared. Long Term Disability payments can help replace lost wages, but not the additional costs associated with surviving a critical illness. Expenses like time off work, travel to and from treatments, home modifications or assistance at home are now added on top of your normal living expenses. That’s where Critical Illness Insurance comes in.


Ease the financial pressures associated with a life-threatening illness

Critical Illness insurance is designed to ease the financial pressures associated with a life-threatening illness by paying a tax-free lump sum if you become seriously ill. As a result, you can devote 100% of your energy to recovery, without worrying about how your illness has affected you financially.


Aurora Workplace Solutions design & create custom group benefits plans that meet custom organization goals. Read more about their Group Benefits Plans or contact them today to get started!

'Creating Brilliant Futures'


Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Trusted Saskatoon Group Benefits Professionals at Aurora Workplace Solutions Discuss Remote Workers

Aurora Workplace Solutions are about creating brilliant futures by developing wealth security for businesses and individuals. As experts in the industry, they keep on top of recent news including changes to relevant group benefit plans, retirement savings options, and guidelines and policies. They also keep their eyes open for informative articles we think are of interest to our current and potential clients. Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Should Your Business Hire More Remote Workers?


As businesses scrambled to adapt to strict new health measures, even the most stringent of change evaders were forced to bend to forces beyond their control. Employees began working remotely, keeping in touch with clients from their at-home offices and connecting with co-workers via Zoom or Microsoft Teams.

For some employers, the experience was a hard push into a trend that had already been happening long before the pandemic. And for some, the biggest and most surprising lesson they learned from the experience was that people working remotely actually works.

Of course, it doesn’t work for everyone. Businesses that require employees to be on-site because the work is physical in nature or retail shops that serve customers in-store need real people at work. But for those with employees who already do the bulk of their work digitally – and for those who discovered during the pandemic that they were still doing well without people in the office – taking a deeper look into hiring more remote workers may be worth the effort.


The Benefits of Having Remote Workers

Research undertaken by organizations such as Gallup, Harvard University, Global Workplace Analytics and Stanford University shows a number of ways employers benefit from remote workers.
  • On average, teleworkers are 35-40 per cent more productive than their office counterparts.
  • Employees working remotely are more strongly engaged than their in-office counterparts, with 41 per cent lower absenteeism.
  • Employers who offer the ability to work remotely have better retention of employees. 54 per cent of employees say they would change jobs for one that offered them more flexibility – like where they can work from.
  • Organizations save an average of $11,000 per year per part-time telecommuter.
Another benefit: hiring employees who work remotely means you can access skills that might be scarce locally. Thanks to technology, employers can literally hire employees from anywhere around the world.


How Do You Hire The Right Remote Worker For Your Business? 

Pay attention to their behaviour, even before they interview.
  • Do they respond quickly to your emails? Do they communicate clearly, politely, and respectfully? Can they spell? How they communicate with you reflects how they’ll communicate with your clients.
Make sure they’re suited to working remotely.
  • Just because someone wants to work from home doesn’t mean they’ll be good at it. Weed out the couch surfers from the keeners by asking if they’ve worked remotely before and if they’re set up with the equipment to complete your projects. In the interview, ask them to walk you through a typical workday.
Ensure they’re a good fit for you and your culture.
  • Invite some of your employees to sit in on the interview and ask their own questions, including questions that aren’t all “business” so you can get a sense of the candidate’s personality and if it fits with your work culture. And don’t forget that your current employees can be a great resource. Ask them if they have recommendations for potential hires.
Give them actual work.
  • For candidates who look particularly promising, give them a paid test project with a firm deadline. The assignment should involve all aspects of the job – including working with your team and with supervisors – so you can see how they work, how well they meet deadlines and how they interact with the rest of your staff.

Aurora Workplace Solutions design & create custom group benefits plans that meet custom organization goals. Read more about their Group Benefits Plans or contact them today to get started!

'Creating Brilliant Futures'


Aurora Workplace Solutions are Trusted Saskatoon Group Benefits and Insurance Professionals! 

Trusted Saskatoon Realtor Clark Dziadyk - Realtor of the Ravenswood Acreage Project!

Whether you’re buying a house for the first time, the second, or the seventh time, it’s still one of the biggest decisions you ever have to make. In order to ensure sheer success, you need Trusted Saskatoon Realtor Clark Dziadyk! Clark will ease your mind by taking the pressure off of you to find your dream home! Be assured Saskatoon Real Estate Agent Clark Dziadyk Clark puts 100% effort into everything he does. Clark is the Realtor of the Ravenswood Acreage Project!

Clark Dziadyk - Realtor of the Ravenswood Acreage Project

Build Your Castle

Ravenswood Estates is a rural acreage lifestyle combined with the convenience of city living, located south of Saskatoon along Clarence Avenue. Many amenities from grocery stores to physicians are just a 5-minute drive away.


Space to Grow

LOTS AVERAGE 2.5 ACRES, MORE THAN ENOUGH FOR QUIET SEPARATION

Imagine building your home on land equivalent to 20 city lots (50 ft. x 110 ft.) linked in a row—which is more than enough to provide quiet separation from your neighbours. Enjoy fresh and bountiful vegetables from an expansive garden, set up a trampoline for the kids, all while still leaving you enough space for a heated shop.


Water, Energy, Power

UTILITIES INCLUDE: CITY TREATED WATER, SASKENERGY, AND SASKPOWER

Every lot has access to Saskatoon’s treated water, which has been dubbed one of the safest water supplies in North America. SaskEnergy provides natural gas lines so you can barbecue or hook up a fire table without the hassle of propane tanks. SaskPower is also available to help create the SmartHome of your dreams.


Abundance of Trees

MATURE TREES OFFER YOU THE BEST NATURAL PRIVACY

The rolling topography, along with mature trees, and plentiful flora grow throughout the area to provide you with natural home privacy. Being out of the city also means no light pollution — spend your nights star-gazing at the vast Milky Way from the comfort of your hot tub.


Closer to Nature

WITNESS NATURE FROM THE COMFORT OF YOUR LIVING ROOM

Nature is at your doorstep, literally. Through your front window, you will be able to enjoy a variety of birds and wildlife that wanders through the lots from time to time like rabbits deer fox or even the odd moose.


High-Speed Internet

RELIABLE & CONSISTENT CONNECTION
Planning on a home office? Ravenswood Estates provides high-speed fiber optics internet to each site, where you will receive the same (or better) speeds as those available in the city.


Paved Roadways

DESIGNED FOR MAXIMUM PEACE
Let your children play outside without the worry of a busy street! Our fully paved road design offers desirable lot configurations and reduces neighbourhood traffic volume. 


View Available Lots here! And get in touch with Clark for your dream home!


Read what clients have to say about Clark Dziadyk on his Saskatoon real estate listing here

Clark Dziadyk is a Trusted Saskatoon Realtor contact him today for all your Saskatoon Real Estate needs.


Trusted Saskatoon Jewellers at Batemans Share Their Riedel Red Wine Glass Guide

Bateman Jewellers are Trusted Saskatoon jewellery experts! Did you know that they are the oldest independent jewellery store in Saskatoon? Bateman Jewellers maintain that the relationship with their clients is very important to them. In their latest Saskatoon jewellery tip, they share their Riedel red wine glass guide.


THE RIEDEL RED WINE GLASS GUIDE


Bateman Jewellers carry a range of housewares - including Riedel Glassware

FOR POPULAR VARIETALS AND GRAPES

With decades of research into the Grape Varietal sensation and support from the world’s wine experts, RIEDEL knows that the enjoyment of aroma, taste, texture and finish of a wine is maximized by using the right "Wine Instrument".

A RIEDEL GLASS TURNS A SIP OF WINE INTO A CELEBRATION

CABERNET SAUVIGNON

Considered by many as the king of the Bordeaux region and grown in almost every major wine-producing country, Cabernet Sauvignon is one of the most recognizable wine grape varieties. Used for numerous red wines, this grape ripens late and performs best in warm soils. Cabernet Sauvignon covers an array of flavours and scents, from herbaceous when not fully ripe to blackcurrant-flavoured in more ripened bunches. These glasses are perfect for full-bodied, complex red wines high in tannin.

RIEDEL Performance Cabernet/Merlot - The generous size of this glass allows the bouquet to develop fully, and smooths out the rough edges. It emphasizes the fruit, playing down the bitter qualities of the tannin, and allows wines to achieve balance. The optic impact in the RIEDEL Performance series adds both a design feature and an astounding effect on wine's aromatics.

RIEDEL Veritas Cabernet/Merlot - The generous size of this glass allows the bouquet to develop fully, and smooths out the rough edges. It emphasizes the fruit, playing down the bitter qualities of the tannin, and allows wines to achieve balance. 

RIEDEL Vinum Cabernet Sauvignon/Merlot - Vinum is RIEDEL's basic varietal-specific stemmed series. Designed in 1986 by 10th-generation glassmaker Georg J. Riedel, Vinum was created to ensure every wine lover could afford varietal-specific glassware.


RIEDEL Extreme Cabernet - Its diamond shape works beautifully for big and bold New World wines as the extreme angles offer more space to develop aromas. The generous size of this glass emphasizes fruit, smooths out the tannin's rough edges and bitter qualities, and allows wines to achieve balance.
The Extreme glasses are named after their extreme contours. The bowls mimic polished diamonds and their wide angles allow plenty of room for the wine to breathe. They are specifically designed to enhance and emphasize the pleasant softness and generally fruity notes of the New World wines.





RIEDEL Winewings Cabernet/Merlot - 
Its unique flat-bottomed design brings forward primary fruit aromas, allowing the bouquet to develop in detail. It balances the intensity of flavour with the bitter tannins typical of thick-skinned red wine grapes. 
RIEDEL Winewings is a brutally functional glass collection, taking wine's aromas and flavours on a flight. Made up of several new shapes, these flat-bottomed glasses are reminiscent of the wing of an aircraft. This means the wine has a greater surface area in the glass, which increases the levels of evaporation.




SL RIEDEL Stemless Wings Cabernet/Merlot - 
The glass allows the bouquet to develop fully, and smooths out the rough edges. It emphasizes the fruit, playing down the bitter qualities of the tannin, and allows wines to achieve balance. This glass was redesigned by Georg Riedel in 2020 to ensure its smaller size maintains the delicate and important characteristics of each wine.
This stemless creation is the perfect complement to the original stemmed series. To ensure the tumblers sit comfortably within the drinker's hand, each Grape Varietal shape required a set of new prototypes to determine how much the glass could be reduced while maintaining the delicate and important characteristics of each wine.


RIEDEL O Wine Tumbler Cabernet/Merlot - Designed in 2004, the RIEDEL O Tumbler was the first varietal-specific wine tumbler in history. O is an innovative take on the casual wine glass, based on the benchmark shapes of RIEDEL's Vinum series. Better yet, the O Tumbler fits into every dishwasher so broken stems are a thing of the past.


RIEDEL Sommeliers Bordeaux Grand Cru - This shape was one of the original 'wine friendly' glasses designed by 9th generation Claus J. RIEDEL. The generous size of this glass allows the bouquet to develop fully, and smooths out the rough edges. It emphasizes the fruit, playing down the bitter qualities of the tannin, and allows wines to achieve balance.

Sommeliers was the world’s first wine-friendly glass collection and a design revolution created by Claus J. Riedel (9th generation). The range adheres to the Bauhaus design principle of form follows function, as Claus J. Riedel had discovered that certain wines showed more depth and better balance when enjoyed from certain shapes. Thin-blown and unadorned, Sommeliers was the beginning of RIEDEL's dominance in the global wine glass market. 


Riedels master glassmakers individually craft each item so every piece has a unique character. Due to the nature of crafting, small tolerances in the size and weight of each product, tiny bubbles, imperfections, or slight surface variations are an acceptable part of the process.



Bateman Jewellers continues to have a strong reputation in Saskatoon, and this is due to their loyal customers who appreciate the friendly, family-orientated store that they have come to expect! As a team, Cam and Jan are committed to ensuring that Bateman Jewellers remains the same for many generations to come.

'Your Jewellery Is A Lifetime Investment... Buy It From A LifeTime Friend'

Bateman Jewellers is a Trusted Saskatoon Jewellery Store

Categories

Previous Posts

ADDRESS

S & E Trusted Online Directories Inc
TrustedSaskatoon.com
310 Wall St #209
Saskatoon, SK   S7K 1N7
Ph: 306.244.4150

GET THE APP

App Store Google Play
Follow us on Facebook Instagram Linked In YouTube RSS Feed
Abex
Abex
Stevies
Sabex
NEYA
Website hosting by Insight Hosting