When there’s more for the middle, there has to be less for the rich.
And while there weren’t any large-scale tax announcements — the most revenue, $1 billion over five fiscal years, will come from eliminating the Public Transit Tax Credit — a few proposals will make your professional and business-owner clients unhappy.
Check out all the details in our 2017 Federal Budget coverage:
This year’s budget included a few notes relating to charitable giving and donations.
Your business owner clients may think of themselves as middle class, but according to the Trudeau government, they aren’t.
Clients should stay away from wielding influence over businesses they don’t want associated with their own corporations for tax reasons.
You may be most enthusiastic about the government’s pending review of the current tax system. But don’t ignore it the budget.
Federal budget measures to promote economic growth don’t go far enough, says one industry expert. See a rundown of industry reactions.
Tax highlights of the 2017 budget, and what they mean for you and your clients.
Put your accountant and lawyer clients on notice: the next few years are going to be extra painful.
If you have married clients who each legally own separate small businesses, but one of them takes care of operations for both, watch out.
A rundown of tax credit changes and government spending.
Last year, the Trudeau government took away one of the benefits of corporate-class funds, but this year, it’s made a small concession.
The federal government’s budget plan issued a warning to financial advisors and their clients: Your tax strategies are under review.
Stay tuned over the next few weeks as Advisor.ca analyzes the most significant tax changes resulting from this year’s budget.