Whether you're a seasoned business professional or new to choosing employee benefits, changes to the tax code impact you, your employees, and your business. The Canadian government has introduced several new tax credits for 2022 in Canada, including the goods and...
Business owners looking to provide coverage flexibility and customization for employees should consider voluntary employee benefits. These benefits allow companies to invest in employees affordably, and voluntary benefits offer benefits for business owners, too....
One of the most important things business owners worry about is planning for retirement. Many business owners opt for an individual pension plan to solve this problem. The Group Enroll team put together this guide to answer the question, "What is an IPP?" We will...
Nowadays, people look at more than just a salary and hours when choosing where to work. Flexible benefits are one of the best ways for businesses to retain loyal employees, but you need an insurance policy that provides the right coverage. So today, Group Enroll is...
Many Canadians face the prospect of disability, either now or in the future. The fear of losing the ability to support their families, plan for their retirement, and achieve their life goals can be overwhelming. They often ask, "how does the disability tax credit...
When deciding on a retirement plan, the debate typically settles around LIRA vs. RRSP, the two most popular savings options in Canada. However, if you’re new to full-time work or retirement planning, you might not know about either option. Despite their equal...
Retirement planning can be a fun, cathartic experience for many people, but that doesn’t mean it's an easy task. Proper retirement planning takes more than lazily selecting a magic budget number and sticking with it. Below, we’ll look closely at what goes into a...
As a business owner, understanding Canadian small business payroll rules and federal laws can be challenging. However, following the often complex payroll rules is a must to ensure that your employees receive their wages on schedule and avoid paying costly penalties...
Do you live in Canada and have dependants? Don’t forget to claim your tax deduction. Most Canadians know that spouses and children qualify as dependants with the CRA (Canada Revenue Agency). Did you know, however, that under certain circumstances other family members,...
Are you taking full advantage of your Health Savings Account (HSA)? Discover which insurance premiums you can pay with it. Owners of HSAs often ask, “Can you pay insurance premiums with HSA?” In some cases, yes! However, the type of insurance premium is a key factor...
