Latest News

Thanksgiving is just around the corner.
 
Our team wishes you and your family get to enjoy some family time this thanksgiving.
 
Our offices will be closed Monday October 14, 2019

Thanksgiving 2019

Effective October 1, 2019 minimum wage will be increasing – the new rates are:

Manitoba $11.65/hour (Security guards remain at $12.50/hour)
Saskatchewan $11.32/hour

I have recently joined a collective of other Winnipeg-based professionals to help provide a single point-of-contact approach for succession planning. Our group includes financial planners, accountants, insurance advisers, lawyers and investment managers who specialize in comprehensive succession planning.

Labor Day

Our Team thanks you for your business
Our office will be closed on Labour Day – Monday September 2.
We hope you enjoy the last long weekend before the back to school and
the regular September schedule
Greg Libbrecht, President Platinum Books & Five Star Accounting

Our office will be closed on Monday August 5, 2019 re-opening Tuesday AM for normal business.
Our team wishes you and your family have a wonderful long weekend.

Greg Libbrecht, President Platinum Books & Five Star Accounting

Terry Fox

Our office will be Closed Monday July 1, 2019
In Celebration of Canada Day
Wishing you and your family & friends
A great day celebrating our nation’s birthday
Greg Libbrecht

Canada Day 2019

The Government of Manitoba has confirmed the rate for PST (RST) is being reduced effective July 1, 2019 from 8% to 7%. Welcome news for those of us that have to charge it and of course those who have to pay it. The 7% sales tax rate applies to goods purchased after June 30, 2019 including goods for which the purchaser made a deposit on the purchase.

The existing 8% rate applies to Goods purchased before July 1 on credit or deferred payment arrangements where the payment is made after June 30, 2019. It also applies to goods fully paid for before July 1, 2019 but delivery is taken on or after this date. Contracts for services entered into before March 7, 2019 are taxable at 8% for services provided up to June 30, 2019

April 30th has come and gone now a number of business people and their accounting professionals are focused on Midnight June 15th.  This is the tax filing deadline for unincorporated business owners and their spouses, and the official end of tax season. Any balance owing for the 2018 tax year was due April 30th.

April 30th has come and gone now a number of business people and their accounting professionals are focused on Midnight June 15th. This is the tax filing deadline for unincorporated business owners and their spouses, and the official end of tax season. Failure to file and pay the taxes due by June 15 results late filing penalties and interest.

Online banking has opened up new opportunities for consumers to earn higher interest rates on their money .  Online banks do not have to support bricks and mortar and as a result offer higher interest rates to their clients.

As with any new way to do business, it has also attracted fraudulent operators who are attempting to defraud people of their money.  Before putting your money in with an online bank or credit union check them out to be sure they are legitimate.