?? Easy AI & Automation Tools to Implement in your Business!

MONTHLY REMINDERS

Jun 15 - due date for the second personal tax installment of 2024

Jun 15 - due date for personal tax returns for self-employed individuals

Jun 25 - change in capital gains inclusion rate

Jun 30 - due date for corporate tax returns for companies with a Dec 31 year-end

Jun 25 - the share of capital gains that is taxable from 50% to?66.7% for corporations, and for individuals on gains above C$250,000.

SRJ is Automating Accounting for Business Owners!

The world of accounting is undergoing a tech revolution, offering exciting possibilities to streamline tasks, gain deeper financial insights, and free up your valuable time.

Here's a glimpse into what's new:

• Cloud-based accounting:?Access your financial data securely from anywhere, anytime. No more software installations or complex data management.
• Accounting software:?Automate tedious tasks like bookkeeping and invoicing, ensuring accuracy and saving you time and money.
• Data analytics and AI:?Gain valuable insights from your financial data to make informed decisions and optimize your business performance.
• Machine learning:?Automate complex tasks like fraud detection and improve the accuracy of financial forecasting.
• Cybersecurity:?Enhanced security features protect your sensitive financial data.

Have questions about accounting automation? Reply to this email and we will be happy to help.

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How to get government grants to fuel business growth?

Many innovative companies in Canada forget about the valuable grants the government provides.

SRJ Chartered Accountants can help you navigate the process and maximize your claim.

Don't leave money on the table! Schedule a free assessment today and see if you qualify.

I want to discuss!

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MUST READS

Canadian Tech Startups React to 2024 Budget

Canadian tech startup founders express concerns over the federal government’s 2024 budget, particularly the capital gains tax changes, which could lead to an exodus of companies and leadership.

Key Insights:

• 44% of startup leaders are considering relocation due to tax changes.
• 150+ responses from founders, CEOs, and presidents of early to mid-stage companies.
• 80% now view Canada less favorably for running a tech company.
• 23% may relocate their headquarters, and 21% may leave the country personally.
• Nearly 60% say the tax increase would deter investment and innovation.

What are your thoughts on the budget? ??

Read More

Canada's Job Market: Mixed Signals

Canada adds a whopping 90,000 jobs, but can it keep up with soaring job seekers? Here are few highlights:

• Jobs added:?90,000 (much higher than the expected 20,000)
• Increase in part-time jobs:?50,000
• Age group with job increase:?15-24 year olds (by 40,000)
• Unemployment rate:?6.1% (unchanged)
• Private sector job increase:?After 4 months of little change
• Employment rate:?61.4% (steady)
• Average hourly wage increase:?4.7% (compared to April 2023)?

Read More

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AI Can Do THAT for My Business?

Tired of the same old business tools?

This series spills the tea on?cutting-edge AI that can supercharge your business without breaking the bank!

AI?Tool of the Month: Copy.ai

You can automate your marketing and official communications. But did you know that?Copy.ai?is also a?go-to marketing AI platform?

With?Copy.ai?you can:

• Beat Writer's Block:?Generates fresh ideas and drafts for all your content needs, from website copy to social media posts and product descriptions.
• A/B Test Like a Pro:?You can generate multiple variations of your content, so you can test and optimize for maximum impact.
• Save Time and Resources:?Focus on your core business.?

Copy.ai?handles the heavy lifting of content creation, freeing you and your team to pursue strategic initiatives.

What's more with?Copy.ai? Buckle up, because...

They are the?first GTM AI Platform! Power your entire go-to-market strategy with AI.

Pre-built Workflows?deliver instant value,?getting you started in a flash.?

Let's Explore!

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ASK SRJ - Got tax and accounting questions? We've got the answers!

Comment here or send us an email at [email protected].

Follow SRJ Chartered Professional Accountants (Canada) for more tax updates and insights. ??

Book a free consultation today!