News Room

New Mega Deduction a Good Start, But More Tax Reforms Are Needed

The Federal government has unveiled a Productivity Mega Deduction, which will provide immediate expensing under Capital Cost Allowance (CCA) provisions for a broad range of depreciable property, importantly on a permanent basis, for acquisitions on or after September 15, 2026. Check out the noteworthy exclusions are listed below. This tax reform is a good start, but much more needs to be done, especially for small business owners and average taxpayers to make Canada truly competitive across our tax base.

Five Tips To Help You Recharge

We have all heard people say they would rather be at work than take a holiday. 

Mark Your Calendar - Personal Tax Bootcamp

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!  

Knowledge Bureau Designate Highlight: Sharon Timson

Join Knowledge Bureau in congratulating Sharon Timson in achieving her DFA – Tax Services Specialist™ Designation.

No More Paper Refund Cheques?

With a target date of April 2016, CRA is moving closer to the elimination of cheques and manual payments and towards full electronic banking for businesses.

EverGreen Explanatory Notes have been updated!

Have you noticed EverGreen Explanatory Notes have been updated?
 
 
 
Knowledge Bureau Poll Question

In your view is a comprehensive personal and corporate tax reform necessary to make Canada's economy stronger in response to trade wars?

  • Yes
    53 votes
    96.36%
  • No
    2 votes
    3.64%