Latest News
TAX ON SPLIT INCOME (“TOSI”) UPDATE
INCOME SPLITTING – UPDATE In July 2017 the Federal Liberal Government introduced proposals to end income splitting. Since then there have been a number of changes in response to criticism and a final set of rules were released effective January 1, 2018. The objective of these rules is to eliminate […]
2018 FEDERAL AND BC BUDGET HIGHLIGHTS – OPINION AND ANALYSIS
Like any budget, expensive political agendas and economic measures were enacted. Unfortunately, our ethically challenged finance minister and his friend Mr. Dress Up seem to think that running an endless deficit is acceptable financial planning for a nation. If we were a financial planning firm, we would take the time […]
Changes to Liberal Tax Proposals
As you are probably aware, on October 16 and 18 of 2017, the Liberal Government (“the Liberals”) bowed to the pressure exerted on them by small business owners, professionals and entrepreneurs. As a result, they have “stepped back” from some of the four major changes in tax policy they had […]
