Halton Hills Newspapers

Halton Hills This Week (Georgetown, ON), 1 August 1992, p. 1

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a LLBO CALL 853-3440 232 Guelph St., Georgetown 873-2254 Halton Regional Police and Revenue Canada have started an investigation into the financial affairs of a former Halton Hills real estate broker. In 1990, an estimated $90,000 in income tax deductions from real estate agent commissions was “never paid” to Revenue Canada, a lice report released Thursday Ponies to a Halton Regional Police, the nine agents working for the company agreed to allow their broker — the former owner/opera- tor of the company — to make deductions from their commission cheques for income tax purposes. Under Revenue Canada guide- lines, real estate agents working for broker are not considered “employees” but hold “independent agent status.”As a result, the agents are expected to make income tax their commissions. In order to assure their income tax payments on commissions were made on time, the agents agreed to allow the owner of the firm to make deductions from their com- mission cheques and then send the money to Revenue Canada. From January 1990 to mid- December 1990, the agents So close, and yet so far...4-year-old Ashley Fendley tries her hand at the ring toss event at the Recreation and Parks Department’s Nickel and Penny Carnival at Acton Arena. Photo by Jamie Harrison “payments to Revenue Canada on 50 cents includes G.S.T. Tax deductions missing Former real estate broker under police investigation “believed that deductions were being held by (the company) and paid to Revenue Canada on a peri- odic basis.” But according to One District investigators, “it is not known that ayments...were in fact ade.’ Late in 1990, the owner of the company sold the firm to the agents, with the staff assuming control in December. Shortly after income tax infor- mation was sent to Revenue Canada in April 1991, the federal bureau “found discrepancies” between what the company and individual agents had filed on their tax returns. “Tax authorities found the (bank) account representing fa tax deduc- tions on sales and the payments deemed to have been paid into it by the company had not been made,” i id "police said. Police have not yet been able to contact the former broker and a pair of people who kept the books. for the company during 1990. Meanwhile, “it is Revenue Canada’s position that each (of the brokers) is responsible and liable” for the missing taxes and “intends to recover the taxation”, the police report added. Food Bank hopes for conciliation By Dianne Cornish The Love In Christ Food Bank will try to mend differences with neighboring residents by working with them to resolve their concerns about the upkeep, maintenance and appearance of the Food Bank officials promised “With a little co-operation on both our parts, we can ensure that the portable will not become what is deemed an eyesore,” Food Bank director Laura Ellison said during an interview Tuesday. Ellison was reacting to concerns raised by a group of Faludon Drive and Comset Gate residents who recently signed a petition asking town council to re-consider the Portable’s permanent status unless “it is renovated to conform with the existing church building.” The portable, which has been attached to the back of Mountainview Baptist Church for the last four months, serves as a storage area for the Food Bank’s canned goods, fur- niture and clothing. The Food Bank has been located in the basement of the church for just over a year. The major concern of nearby homeowners, as explained to coun- cil Monday by Faludon Drive resi- dent Bill Reid, is the overall appearance of the portable. A 26-name petition presented to council said, in part: “Although w understand that the church is legally within its rights to erect such a BLUE SPRINGS GOLF CLUB Play L AFTER 3 PM: $30 WEEKDAYS, $35 WEEKENDS structure, we believe that any such building should be compatible with the surrounding neighborhood. This building is not compatible with the neighborhood and we believe will adversely affect market values of our Properties, as well as being an ore. Ellison told Halton Hills This Week that landscaping of the Mountainview Road property behind the portable has begun and the building will soon be painted. Indicating that she wants “to wait a week to get the whole thing into perspective,” she said an informa- tion leaflet will soon be delivered by the Food Bank to neighboring residents asking them to comment Continued on page 14 853-0904 Town Studies Peel dump proposal By Dianne Cornish A request by a rural Halton Hills couple that the town join them in opposing three proposed sites for a Peel Region landfill has been passed along to the town’s planning department. Council decided Monday that written comments from David and Pamela Soward of R.R.4, Georgetown, will be considered in the depart- ment’s ongoing review of the proposed sites bordering Halton Hills. It's expected that a planning staff report will be ready for consideration by council at its August 10 meeting, deputy planning director Bruce MacLean told Mayor Russ Miller and councillors. The Sowards, live on the west side of Winston Churchill Boulevard, south of Mayfield Road — just 500 metres from the three proposed sites. Altogether, 21 sites have been proposed and eventually one will Continued on page 3 _ AFTER 5 PM: $20 WEEKDAYS, $22.5 50 WEEKENDS} lay ra Bae = } | for $5,% ay

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