BCSUN & Associates Inc. - BCSUN 聯合會計師事務所

02/14/2023

Watch out ! The due date for filing new federal UHT (Federal Underused House Tax) is 4/30/2023.

The UHT, which took effect on January 1, 2022, is a tax on the ownership of vacant or underused residential properties that are situated in Canada. Starting with the 2022 calendar year and for each following calendar year,
Owners of residential properties that are situated in Canada have to determine if they have to file UHT returns and pay the UHT on their residential properties.

Who has to file a UHT return?
Persons who, on December 31 of a calendar year, are affected owners of residential properties that are situated in Canada have to file a UHT return for each residential property, situated in Canada, that they own. Persons who, on December 31 of a calendar year, are excluded owners of residential properties that are situated in Canada do not have to file UHT returns.

the impacted group is also including - a Canadian corporation whose shares are not listed on a Canadian stock exchange designated for Canadian income tax purposes.

This Federal UHT is different from BC speculation and vacancy tax. Please contact your accountant for detailed.

Penalty is high as a the min. of $5,000 for individual or $10,000 for Corp.

Vancouver Based New Immigrants' Best Tax Consulting, A complete solution to business opportunity accounting taxation

01/13/2023

Sunny Sun, CPA, CGA will be on air FM96.1 Jan. 13, 2023 6:10 to 7 pm to talk about Tax year 2022 tax update and coming 2023 tax year changes. Sunny Sun will also talk about a new deduction from Y2022, known as "Labour Mobility Deduction (LMD). Welcome to listen. www.bcsun.ca

01/06/2023

01/05/2023

Happy New Year 2023 and May Peace on Earth!

Sunny Sun, CPA, CGA will be on air FM 96.1 this Friday Jan. 6, 2023 @ 6:10--7 pm (Pacific time) with host Carmon Shao. We will talk about the new Federal Bill C-19 "Foreign Home Buyer Ban". It comes effective from Jan. 1, 2023 for two years. Who will be impacted and who get exemption, and its penalty, and what you should know for the new rule. welcome to listen.

10/08/2022

In Taiwan National day celebration event on Oct 7, 2022, I had chance to meet Mr. Jim Pattison, a business legend and also a well-known philanthropist in BC and Canada. He is 94 years old now. May God bless him with long life and good health.

09/27/2022

Sep 27 Tuesday‘ FM 96.1 Sunny Sun will be on air for host Carmen Shao's “家居生活Q & A“ program @ 7:10 pm Pacific time . Sunny will cover federal 's“ New Affordability Plan” as everything become expensive now even a small green onion. Sunny also will remind you the 2022 Federal new “Underused Housing Tax”. And in case, your family face natural disaster or financial difficulty, Can u qualified for a Tax Relief ? Welcome to listen. www.BCSUN.ca TEL: 604-2704610.

09/20/2022

As FM 96.1 “家居生活 Q and A” Carmen Shao’ regular guest speaker in September 2022, , Sunny Sun, CPA, CGA will share important tax updates on Each Tuesday @ 6:10 to 7 pm ( Vancouver time) for this month.
Today, Sep 20 Tuesday , Sunny will share audience with How CRA audit on your real estate property, how to prove source of income, and how is tax rule for presale real estate transaction. How will income tax and BC speculation tax 's impact on your property. welcome to listen. www.BCSUN.ca TEL: 604-270.4610

09/13/2022

As FM 96.1 “家居生活 Q and A” Carmen Shao’ regular guest speaker in September 2022, , Sunny Sun, CPA, CGA will share some important tax updates on Each Tuesday @ 6:15 to 7 pm ( Vancouver time) for this month.
On Sep 13 Tuesday , Sunny Sun will share audience with the BC ONLINE MARKET PLACE PST Sales Tax new rule that was effective July 1, 2022. Sunny also will review Canada's sales taxes for all provinces. For those who currently are the vendors, or soon will be, for Amazon, Ebay, Facebook Marketplace, should be interested to listen.
Welcome to listen. Sunny Sun, cpa, cga, ma . www. Bcsun.ca Office TEL: 604-270.4610.

09/06/2022

Sunny Sun, Cpa, Cga, Ma, will be on air FM 96.1 Carmen Shao "生活Q&A""every Tuesday from 6:15 to 7 pm for the whole of September to cover some interesting updated tax topics.
The first week, tomorrow, Sep. 6th, Tuesday, Sunny will cover the new Federal Luxury tax and also reveiw some BC taxes similar to the luxury tax. Welcome to listen.