- Notable Daily
- Posts
- Wednesday, February 21st
Wednesday, February 21st
🧾 2024 Tax Season is Coming, Here's What You Need to Know
What’s In This Email
2024 Tax season is coming, here’s what you need to know
The Body Shop faces closures and job cuts
Enter the Notable x Kandl Artistique Giveaway before midnight
Do you even have any haters, bro?
Notable Spotlight: The Villij
Notable Plug 🔌
✍️ TAKE NOTE
2024 Tax Season: Key Dates and Changes to Know
The 2024 tax season kicks off today! Here's a quick rundown for Canadian taxpayers:
Filing deadlines:
Most Canadians: April 30, 2024
Self-employed Canadians: June 17, 2024 (payment deadline: April 30)
Key changes:
New FHSA deductions: Claim contributions made to your First Home Savings Account (up to $8,000 annually).
Home office claims: Temporary flat-rate method no longer available; use the CRA's detailed method.
Automatic Canada Workers Benefit: No need to apply for advance payments if eligible.
New Multigenerational Home Renovation Tax Credit: Claim up to $7,500 for qualifying renovations.
Why this matters: Understanding these changes can help you file your taxes accurately and claim valuable deductions. As many millennials are first-time homebuyers or renters working from home, the FHSA and home office claim changes are particularly relevant. Remember, free tax clinics are available for those needing assistance.
The Body Shop Faces Closures and Job Cuts
The iconic Body Shop brand is undergoing significant changes, with several stores and jobs on the chopping block:
Immediate closures: Seven stores across the UK have shut down permanently.
Potential further closures: Nearly half of the remaining 200 stores could face closure, impacting over 2,000 jobs.
Financial struggles: Years of unprofitability and a challenging retail landscape are cited as reasons for the restructuring.
Job cuts: 40% of head office positions (around 270 jobs) will be eliminated.
Why this matters: This story serves as a reminder of the evolving retail landscape and the challenges faced by even established brands. It highlights the importance of adapting to changing consumer preferences and staying competitive in a saturated market.
We want to get to know you more! Take our community survey at your convenience. We appreciate you taking the time to help make Notable amazing!
🌐 AROUND THE INTERWEBS
Today is the last day to enter our giveaway for the “month of love” with Kandl Artistique - a boutique custom candle making retail experience located in Yorkville, Toronto. Click the post below for entry details; contest closes tonight at 11:59 pm EST.
Good luck!
Do you have enough ‘hater’ energy in your life?
If the answer is no, then this guy on the interwebs says you might want to dial that up a bit.
Who is this guy? @_bryan_johnson_ Founder of Kernel, Blueprint, OS Fund & Braintree Venmo.
“Be grateful they are taking the time to hate you. It’s a compliment.” - Bryan Johnson
If you don’t have haters, are you really doing life right? Now, to be fair, he is a entrepreneur and venture capitalist so we think it’s safe to assume he’s referring to when you are challenging ideas and innovating in your business. You’ll likely face naysayers and doubters, and Bryan makes the argument that they are the most engaged people who will inadvertently make your product or business model better with their critical, often harsh, feedback.
@intnd_ Bryan Johnson on having haters #bryanjohnson #artistsoftiktok #creativity #intention #motivation #entrepreneur #haters #fyp #inspo
🔦 NOTABLE SPOTLIGHT 🔦
The Villij
yoga • pilates • sound healing
🔌 NOTABLE PLUG
🎙️ Get Into It: Behind the Money podcast. From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Listen on Apple or Spotify.
📄 Notable Hires: Manager, Facility Projects @ Air Canada (Toronto)
🎓 Hope This Helps: Innovating with AI. We help entrepreneurs and executives harness the power of AI. Our courses, community and personalized coaching have helped tens of thousands of professionals leapfrog their competition, launch AI-powered products and integrate AI into their existing business workflows.
🌍 Notable Destinations: Toronto to New York ($187 - $374)
Dates: Around June 3-9. Click on this link to see the deal.
🧠 Today We Learned: Princess Diana, Winston Churchill, Audrey Hepburn, and Glenn Close are from the same family.
Tell us what you want to see in 2024!As the year winds down and we start to look to 2024, we want to serve you more of what you want. Let us know what you want to see in the Notable Daily in 2024! |
Beyond Notable Daily
_________________
Editorial
Contact our editor
Advertising
Contact our team
Marketing Services
Contact our agency
ABOUT NOTABLE
Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.
Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.