The UHT May Be Cancelled, But Vacancy Taxes Remain
As tax professionals, you are keenly aware of the constant changes our federal government makes to the Income Tax Act. Adjustments are made, and you must adapt. Not often, though, is a tax eliminated altogether. But in the case of the Underused Housing Tax (UHT), that is exactly what has happened – it was cancelled in the federal budget of November 4, 2025, but Canada’s underused housing taxes have not been eliminated. Here’s what you need to know for tax season 2026.TFSA and RRSP: Collaborative Investing is Key
In deciding which of the two tax preferred investment vehicles should be used for various lifecycle purposes – the TFSA or the RRSP - advisors and their clients should carefully consider all the advantages of investing in and withdrawing from each vehicle.
Tax Efficient Transition Planning with RRIF Withdrawals
What should you do with your RRIF withdrawals once you’ve generated the tax with the funds?
May 15 UCCB Deadline: Are You Telling Your Clients About It?
Have you alerted your clients about the changes in the eligibility for the increased UCCB benefits?
The New RRIF Rules and Pension Income Splitting
Recent changes to RRIF withdrawal rules are in the spotlight since the April 21, 2015 federal budget. Will they affect pension income splitting, and if so, how?
Small Business Catches a Tax Break!
Small businesses employ half of all Canadian workers in the private sector; making sure these employers can continue to provide jobs is critical.
Top 10 Reasons the TFSA Rocks!
Despite political controversy, the TFSA has gained broad-based acceptance by 40% or 11 million average Canadians.
