Finance Minister Carole James tabled the 2020 British Columbia provincial budget on February 18, 2020. The budget projects surpluses of $227 million for the 2020-2021 fiscal year, $179 million for the 2021-2022 fiscal year and $374 million for the 2022-2023 fiscal year. The following pages are a summary of the…
On March 19, 2019, federal Finance Minister Bill Morneau tabled the Liberal government’s highly anticipated budget – the final one before the October 2019 election. After accounting for Budget 2019 proposals, the budgetary balance is expected to show deficits of $14.9 billion in 2018-2019 and $19.8 billion in 2019-2020. Over…
Finance Minister Carole James tabled the 2019 British Columbia provincial budget on February 19, 2019. The budget projects surpluses of $274 million for the 2019-2020 fiscal year, $287 million for the 2020-2021 fiscal year and $585 million for the 2021-2022 fiscal year. On the income tax side, there were no…
As we approach the upcoming 2018-2019 tax season, we want to remind small business owners of some important tax planning considerations. The Income Sprinkling – Simplified Rules for Business Owners guide can be an effective tool to help business owners navigate the recent changes to the tax treatment of Canadian…