RLB Blog

Human Resources can be a tricky subject, so we’ve compiled a short list to help navigate HR in your business.

CRA is implementing new digital services that will be launched to the public in June of 2019, which will allow charities and their representatives to submit applications and returns more efficiently. The changes being made will affect forms T2050 (Application to Register a Charity under the Income Tax Act) and T3010 (Registered Charity Information Return).

You’ve done it. After years of hard work, saving and making smart investments, you can finally afford to purchase your first home. Now what?

As of November 2018, CRA will no longer provide peel and stick barcode labels with the Registered Charity Information Return (T3010) package. These barcodes contained the charity’s BN/registration number and the charity’s fiscal year end date. You will continue to receive the Registered Charity Basic Information Sheet (Form TF725) with the package, however, the barcode labels will no longer be on the back of it.

As a charity, you may prefer unrestricted donations, as you can determine how to best use those funds at your own discretion. However, you may come across a restricted fund donation when a donor wishes to restrict their gifts for a specific purpose, such as leaving a legacy gift.

On June 12, 2018, Quebec Bill 150 received Royal Assent. The Bill includes changes relating to the application of the Quebec Sales Tax (QST) to supplies made by suppliers with no significant presence in Quebec through the implementation of a new “specified registration system.”

Being transparent is important, regardless if you’re a for-profit or not-for-profit organization (NPO). Communicating your goals to your key stakeholders is essential to the organization’s success. Here are 4 tips summarized from Charity Village that will help you measure and improve communication to your stakeholders.

Do you know if your organization is maintaining good organizational governance? Good organizational governance is imperative to an organization for passing the will and interest of your stakeholders. As a director, you can ask yourself these questions to evaluate your management: