Personal Services Business - Info

I thought there was enough information already out on the internet about personal services businesses (PSB), but I have had a few calls from people who still were not aware.  I have provided a link below to an article that i found on the internet that i thought was really good information.  In short the PSB legislation is harmful to both the employer and the employee.  There are solutions (please see my previous blog on solutions), but they require the employer and employee to work together and share the cost of setting up the proper structures to insure themselves against negative tax consequences.  Please contact us if you have questions or need clarification on PSB rules or want to discuss potential solutions.

 

http://www.deloitte.com/view/en_CA/ca/services/privatecompanyservices/9da774bc9bef7310VgnVCM1000001956f00aRCRD.htm

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