Category: Businesses


Why Should Low Income Earners File Taxes?

 

Why Should Low Income Earners File Their Taxes?

Filing your taxes might not be a high priority for low income individuals, teenagers, and students. This may be because they question the belief that since they aren’t making sufficient or any income, there is no reason to file taxes.  However, there are several government incentives and benefits that pay back.

One thing for sure is that, if you don’t file your taxes, you do not get the various government benefits which can mean money back in your pocket.

The benefits are the following:

  1. GST/HST & Provincial Tax Credit

The Canada Revenue Agency is providing billions of dollars to Canadian Resident who file their taxes. The federal government provides a maximum amount of $280 in GST credit while the provincial government provides a maximum amount of $291 in provincial tax credit also known as “trillium benefit” to Canadian residences, even if they did not earn any income.

  1. Child Tax Benefit

If you’re a parent who has a dependent(s), the Canada Revenue Agency will provide you an amount of $5400-$6400 annually per child, for those households who are medium to low income earners. Parents can also claim for their child’s “children arts and fitness amount.”(Photo credit: Financial Post)

  1. Public Transit Credit

If you take the transit such as the TTC, you can claim for the full amount for which you spent on transit passes, tickets or tokens. The Canadian government will only credit 15% of what you had spent on transit.

*Note: 2016 is the last tax year to claim for public transit credit as it will be removed in the upcoming tax years.

  1. Medical & Other Taxable Credits

You can claim your medical expenses for which you spent such as eye glasses prescription, dental checkup, prescription medicine, and etc. Some other taxable credits that you can claim are charitable donations, political contributions, tuition slips, interest claim and many more. Deducting these expenses, might potentially give yourself a refund or reduce your taxable owing.

This post was sent to us by www.sfttaxservices.ca 1656 Eglinton Ave. W.

Latinos in Toronto!

“More than 70,000 people living in Toronto list Spanish as their Mother Tongue.” (Inside Toronto)

 

Latino is a general term used to refer to people born in Latin America or someone that speaks Spanish as their mother term. According to the 2011 census, Spanish is in fourth place among non-official languages spoken in the city after Italian, Chinese and Mandarin (Inside Toronto).

In 2001, it was reported that 62% of Canadians who identify themselves as having Latin
American origins and live in Toronto were born outside Canada (Stadistics Canada). With this as fact, it comes to no surprise that there are many “Latinos” who feel nostalgic about their national dishes, national products and celebrations. From time to time you may find yourself wondering where can I find “Latinotown” like we can find Greektown at Danforth on the South East of the city or Chinatown in the downtown core.

The answer is you can’t. Interesting enough,  according to  HeritageToronto, although there are shared linguistic and cultural characteristics, the “Latino community is not a monolithic community, but rather one with multiple identities and experiences shaped by each country’s history and the causes of migration” (Heritage Toronto). The community’s common denominators are the Spanish language, and their determination to build a home in the new place they have come to. Therefore, you won’t find one specific neighbourhood for latinos. You will find them all around Toronto. In fact, Spanish is the most popular mother tongue after English in 14 of Toronto’s 140 neighbourhoods (InsideToronto).

 

According to Claudio Ruiz, executive director of the Centre for Spanish-Speaking Peoples, Latinos in greater Toronto are from 21 different countries(Toronto Star). This means that to find a “Latin Restaurant” you will have to make up your mind and look for the specific country dishes that you would like to try. Remember, Latin countries may use similar ingredients but dishes vary from country to country.

 

Photo: Latin American Street Food – www.dnme.cf

 

If you are looking for products and services in Spanish, there are several “community hubs”around the city that offer a variety of services tailored for latinos. In our neighbourhood, we are grateful for TorontoLatino. This hybrid business has been around since 1985 and offers groceries from different countries, dine in and take out from Colombia and Ecuador, money transfer services, music, CD’s, Soap operas and movies DVD’s, and more  It even has it own radio station! (TorontoLatino.com). They are proudly located at 1786 Eglinton West.

Community hubs like this ones are not only good for latinos to get services in their language but also good for anyone interested in learning more about the different countries, food and culture.

If you decided to visit TorontoLatino be sure to check out neighbouring businesses. Have a treat at Spalistic with their spa services, get the latest hair styles at Hair to Desire, sign up for free Zumba Classes at Figura Ideal and because it’s tax season you may want to pass by Maria Cruzado Accounting Services to have your taxes done, everything on one trip!

Toronto Latino

www.torontolatino.com

1786 Eglinton Ave. West Toronto, ON M6E

 

Maria Cruzado 

www.mariacruzado.com

1776 Eglinton Ave. West Toronto, ON M6E

 

Hair2 desire

www.hair2desire.ca

1794 Eglinton Ave. West Toronto, ON M6E 2H6

 

Spalistic 

www.yorkbia.ca/item/spalistic

1800 Eglinton Avenue West Toronto, ON M6E 2H6

 

Figura Ideal

www.yorkbia.ca/item/fit-camp-figura-ideal

1721 Eglinton Ave. West Toronto, ON M6E 2H4

 

Bibliography

“The Latin American Community in Canada.” Statistics Canada. Canada.gc.ca, n.d. Web. 22 Mar. 2017. <http://www.statcan.gc.ca/pub/89-621-x/89-621-x2007008-eng.htm>.

InsideToronto.com. “Spanish in Toronto: 10 neighbourhoods where you’re likely to hear it.” InsideToronto.com. Metrolandmedia, 07 July 2015. Web. 22 Mar. 2017. <http://www.insidetoronto.com/news-story/5684384-spanish-in-toronto-10-neighbourhoods-where-you-re-likely-to-hear-it/>.

Taylor, Lesley Ciarula. “The GTA’s growing Latino problem.” Thestar.com. N.p., 06 Dec. 2008. Web. 22 Mar. 2017. <https://www.thestar.com/news/2008/12/06/the_gtas_growing_latino_problem.html>.

“Latin American Canadians.” Wikipedia. Wikimedia Foundation, 01 Feb. 2017. Web. 22 Mar. 2017. <https://en.wikipedia.org/wiki/Latin_American_Canadians#History>.

“Here and There: Hispanic Heritage in Toronto.” Heritage Toronto. N.p., n.d. Web. 22 Mar. 2017. <http://heritagetoronto.org/here-and-there-hispanic-heritage-in-toronto/>.

“Latin Food Photography.” Latin American Cooking – Enlightenment Unveiled: Expound into Empowerment. N.p., n.d. Web. 22 Mar. 2017. <http://dnme.cf/vepot/latin-american-cooking-711.php>.

“Toronto Latino.” Toronto Latino. N.p., n.d. Web. 22 Mar. 2017. <http://www.torontolatino.com/toronto/>.

Renovating my property facade!

The deadline to apply for the City of Toronto Facade Program is close!  

Thursday, May 18 2017 is the last day to submit your application.

           

What is the facade program?

The Commercial Facade Improvement Program (CFIP) provides grant funding to commercial and industrial property owners who are redesigning, renovating or restoring the facade of commercial and industrial buildings. This could include replacing or repairing windows, doors, front lighting, awnings, brickwork, signage, or making building entrances wheelchair accessible. (Toronto.ca)

Photography by City of Toronto

 

Why do it?

There is various reason why you should be thinking on apply for this program.

First of all, if you have considered improvements to your property this program is a great way to reduce your cost. The programme will provide grant funding of up to 50% with a maximum of $10,000 for your facade renovation. The application can be accessed from the City of Toronto website. Follow the link or search for Commercial Façade Improvement Program.

Alternatively, contact the BIA office directly at 416-392-1005.

Remember you have to look at the application to find out if you are eligible and how much can you be eligible for.

If you have not already considered a building facelift, the positive impact is exponential, benefit your business, the street, the community and by extension the local economy.

Photography by City of Toronto

First impressions mean a lot and the entrance to your business is where the first impressions are made.

Renovating the facade also helps to improve the appearance of the street overall. In turn, this contributes to a safer and more inviting environment, which attracts more people, is more likely to appeal to those beyond just the neighbourhood and ideally increases the time they spend on the street.  Like a domino effect, once the first piece drops every other piece drops as a result.

The beautiful upward cycle is that more people will create more business which creates more people and more beautification. This ultimately benefits the neighbourhood as a whole contributing to the place-making of Eglinton West within Toronto.

According to the United Way “for most cities, neighbourhoods are the constituent elements and are determinants of the cities’ ultimate success”.
Now, you may think that by renovating your property will not, by itself,  have any effect but consider Bandwagon psychology; this is the phenomenon in which people do something primarily because other people are doing it (Investopedia). In conclusion, if you renovate your property your neighbours are more likely to do so and their neighbours and so on.

Especially when they see the beautiful eye catch results!

If you want more information about the Facade Program and how to apply go to  http://ow.ly/4i2F309WaUg

 

Bibliography

http://citeseerx.ist.psu.edu/viewdoc/download;jsessionid=75638C0F5302EE14A433D0747ED4AAF4?doi=10.1.1.599.6708&rep=rep1&type=pdf)

http://www.investopedia.com/terms/b/bandwagon-effect.asp

http://www.toronto.ca/311/knowledgebase/31/101000045431.html

 

Eyelash Extensions

What you need to know about eyelash extensions

 Author: MUAH Beauty

Eyelash extensions have truly revolutionised the world of cosmetics. This new product is currently experiencing a phenomenal growth in popularity and has established itself around the world, particularly in the Canada, United States, Europe, and Australia. It’s no mystery that the eyes are the first thing people look at, “smile with your eyes” With the Eyelash Extensions, your eyes will appear brighter, bigger and sexier.  Women love looking refreshed first thing in the morning, and feel no need for much makeup other than fluttering your set of Eye Lashes.  Guess what? You can swim in these, that’s right, chuck that mascara or strip lashes away and swim stress and worry free! We know we feel so much prettier, it’s our BEST KEPT SECRET and probably will be yours.

 Eyelash Extensions are semi-permanent and are applied individually lash by lash. Each eyelash extension is permanently bonded to a single natural eyelash when the natural lash sheds due to the growth cycle, the eyelash extension will shed with it.

 About the Procedure

Semi-Permanent Eyelash Extensions are single strands of synthetic lashes that are attached one-by-one to your own natural lashes. Each synthetic strand is tapered at the tip with a thick base and curled to replicate a natural lash. The Lash Stylists meticulously and delicately attach one lash extension, to one natural lash, one at a time for a total of 60 to 120 lash extensions per eye.

Clients are comfortably reclined on an esthetic bed with their eyes closed, and lower lashes are covered to prevent the top lashes from adhering to the bottom lashes. The procedure is often referred to as “Beauty Sleep” as it is non-invasive, painless and so relaxing that clients typically then awaken to lush, beautiful lashes.

During the application, the Lash Stylist will isolate one natural lash and attach one lash extensions to the isolated hair about 1mm from the eyelid so that none of the eyelash extensions actually touch the skin or stick to each other.

Duration:

The procedure typically takes anywhere from 1 ½ to 2 ½ hours, depending on the number of lashes being applied per eye.

 The look can last indefinitely with 45-60 minutes Re-lash appointments every 3 weeks. Like your scalp hair, natural eyelashes grow and shed in a cycle, which is typically about 60 days (2 months). When a natural eyelash matures and falls out, a new eyelash has already been growing and quickly replaces it. People typically shed between 1 to 5 natural lashes each day, depending on their individual growth cycles. When properly applied, the eyelash extensions will remain in place until the natural lash on which it rests falls out. Re-lash appointments are necessary to replenish the fallen hairs and maintain the look.

Here is a great article on the Huffington Post in regards to Lash Extensions

How long do they last?

Each eyelash hair grows at its own rate and each eyelash hair is at a different point in its cycle. Naturally, your eyelash cycle lasts approx. 60-90 days and a new lash grows in.  Typically a new set of eyelash extensions should last you anywhere between 2-3 weeks with the proper maintenance by the client.

 How should I prepare for my Eyelash appointment?

  • remove all makeup including foundation, eyeliner, eye shadow, eye creams and eye serums

  • do not wear contacts to your appointment, wear glasses instead

  • do not curl your eyelashes on the day of your appointment

  • do not receive chemical treatments to your eyelashes, such as tinting or perming within 48 hours prior to your appointment

How do I maintain my new set of lashes?

For the first 24 hours, do not get your lashes wet.  Avoid taking showers and take baths instead.  Also avoid swimming, saunas and facials.  You can continue to wash your face but work around the eyes.  Try to refrain using products with oil, as it will strip the bond and shorten the lifespan of your eyelash extensions.

How do I sleep at night?

Any type of rubbing or tugging will shorten the lifespan of your lashes, it’s best that you try to avoid this as much as possible.

To book an appointment and find more services visit us at www.muahbeauty.ca