Q2 2025 Tax Planning Tips
Tax Tidbits… Some quick points to consider… Canada Disability Benefit: New Support! The Canada disability benefit is a new monthly payment for working-age persons with disabilities who have low income. The first payments will be made in July 2025. To be eligible for this benefit, individuals must meet the following criteria: The maximum benefit for …
Q1 2025 Tax Planning Tips
Tax Tidbits… Some quick points to consider… Tax Proposals: Capital Gains Inclusion Rate The capital gains inclusion rate has been proposed to increase from 50% to 2/3, effective June 25, 2024, for corporations and most trusts as well as for the portion of capital gains realized in the year that exceeds $250,000 for individuals, graduated …