Tips on Tipping Policies

If  your restaurant pools or shares tips, charges automatic gratuities, or receives a tip-out “to the house”, this article could save you thousands of dollars. If you’re like most restaurateurs, you probably think that the Canada Revenue Agency’s only concern about tips and gratuities is that servers report them on their personal income tax returns.  While the CRA is concerned about this, now, [...]

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Theft = More Taxes

Most restaurateurs know they lose the cost of the pilfered product, but few understand that they may be responsible for the sales and income taxes (plus penalties and interest) that would have been incurred had the stolen product been sold.  Significant tax liabilities often arise from sales (and income) tax audits of restaurants and bars.  [...]

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New Linked-in Group for Restaurateurs and Advisors

A new Linked-in Group has been started to discuss issues of interest to Canadian restaurateurs and advisors. Here is a short description for the group: This is a group for discussing issues related to operating a restaurant or bar in Canada.  It can also be used to ask for information or assistance from other members. [...]

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