Author: Jared Behr

What is it? The British Columbia Employee Share Ownership Program (ESOP) is an initiative designed to foster a collaborative work environment where employees have a vested interest in their company’s success. The program offers a significant incentive in the form of a 20% tax credit for employees, making it an […]

The Canadian Federal Government’s 2024 Budget has introduced a significant proposed change to the way capital gains are included in taxable income from June 25, 2024, onwards.  Proposed Change in Inclusion Rate Proposed Change in Lifetime Capital Gains Exemption Effective Date How this May Affect You More Information

New rules aimed at providing more transparency on beneficial ownership of assets now require that more trusts (and estates) file tax returns. These changes will catch many individuals and businesses that may not be aware of their trust-like relationships, exposing them to potential penalties and other consequences for non-compliance. The […]