All items in: Economic News

Time to Learn Tax Preparation? Canadian Income Tax is 100 Years Old This Month

Posted: September 08, 2017 VIA: Knowledge Bureau
Posted in: Breaking News, Economic News, Strategic Thinking, Federal Government, taxation, knowledge bureau, Evelyn Jacks, income tax, tax services specialist, distinguished financial advisor, tax education, financial education, tax preparer, Introduction to Personal Tax Preparation, tax reform, post-secondary education, financial services jobs, Canadian income tax, tax Canada, history of tax, history of income tax, Tax Acts, Income Tax Acts, tax preparer course, tax preparer certification, tax career, tax jobs
The 100th anniversary of personal income tax is coming up on September 20! On that day in 1917, The Income War Tax Act received Royal Assent, heralding in the first personal income taxes in Canada. Perhaps it’s high time you tackled the challenge and mastered the tax return and all it’s nuances? It’s an investment that could really pay off for you.

Prescribed Interest Rates Remain Unchanged

Posted: July 03, 2015 By: Walter Harder
Posted in: Breaking News, Economic News, Investment & Retirement, Tax Planning
For the seventh quarter in a row, the prescribed interest rates remain unchanged. 

OAS to Increase by $1.13 per Month

Posted: July 03, 2015 By: Walter Harder
Posted in: Breaking News, Economic News
Seniors will see an increase in their monthly OAS cheques in July, but they’ll have to resort to the 99-cent menu to buy anything with the extra pension.

It’s Official: April 15 Federal Budget Receives Royal Assent

Posted: July 03, 2015 By : Karen Milner
Posted in: Breaking News, Economic News
Royal Assent was given on June 24, 2015, for the measures announced in the April 21 federal budget, thereby officially legislating the Economic Action Plan 2015 Act, No.1.

Budget 2015 - Detailed Personal Tax Roundup

Posted: April 21, 2015 By: Walter Harder
Posted in: Breaking News, Economic News, Investment & Retirement, Succession & Estate Planning, Tax Planning, Tax, Budget 2015
Self-sufficiency in self-funding future retirements is clearly an issue and the big news coming out of this budget is the opportunity to do so.

BC Tables Balanced Budget

Posted: February 18, 2015 By: Walter Harder
Posted in: Breaking News, Economic News
Notable in the BC 2015-2016 budget was the lack of any provision to extend the temporary high-income tax bracket: 16.8% on income in excess of $151,050.  This bracket is scheduled to be eliminated after 2015.