The tax update for July is scheduled to release June 17th.
What Tax Changes are in this Update?
– There are no expected changes to the Federal Tax rates, thresholds or personal tax credit amounts.
– The only provincial change is to New Brunswick tax rates.
You can review the CRA document outlining changes, effective July 1, 2013 here.
What does this mean?
If you do not have employees in New Brunswick you DO NOT need to plan for this tax update.
Details of the Additional Fixes will be provided upon release of the update.
There will be no update for Microsoft Dynamics GP 10.0 customers.
To gain access to the Tax Updates, those currently on Dynamics GP 10.0 will need to upgrade.
To schedule your upgrade please contact Melissa.Zazuliak@encorebusiness.com.
Dynamics GP 10 customers who do not pay employees in New Brunswick have been given a reprieve! You should be planning to upgrade before December 2013 when the yearend tax patch is released. Encore’s calendar gets booked up fast. To avoid timing conflicts please contact Encore as soon as possible to book your upgrade!
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