Yesterday, the B.C. government introduced its 2017 budget. For fiscal 2016-17, the forecasted budget surplus is $1.5 billion — about $1.2 billion better than expected a year ago. “The largest improvement on the revenue side comes from personal income taxes and property transfer tax, which includes revenue from the 15% foreign-buyer tax effective August 2,” […]
Clients in B.C. are paying higher taxes without knowing it. And soon, all Canadians could be.
During tax season, the last thing you want is to miss out on savings for your clients.
Uncollected tax from evasion, avoidance and simple mistakes could be almost $50 billion, reveals a report by the Conference Board of Canada (CBoC). Read: Tax-dodging dentist gets jail time for failing to pay fine (While the actual amount of uncollected tax is unknown, the report calculates a range of $9 billion to $50 billion by […]
Between not saving for RRSPs and making early withdrawals, Canadians are in a financial bind.
What that means for clients
How long until executive orders become more difficult?
The last thing you'll want is for a client to have to figure out how to handle someone's taxes after they pass away.
Find out.
Factors to consider