Immediate Expensing Rules: Good Tax Policy?

Over the course of the last two federal budgets (April 16, 2024 and November 4, 2025), the rules for claiming Capital Cost Allowance (CCA) have been uncertain. The proposal to extend immediate expensing rules for certain acquired assets were paused for over a year and then re-introduced in a series of four complex measures which together with new rules for Scientific Research and Experimental Development have become known as the “Productivity Super-Deduction”.  A backdrop appears below. The key question: will this complexity be effective as an economic stimulator?   

The Corporate Tax & Year-End Planning Bootcamp will help you provide the expertise your small-to-medium sized business owner clients seek for family wealth planning. Enrol by September 30 to ensure best pricing.

A great resource for your family business owner clients, MASTER Your Investment in the Family Business offers growth-oriented strategies to maximize wealth creation over a longer term.

Enrol in our new Virtual Campus and take the certificate course Final Returns on Death of a Taxpayer to become qualified in doing final tax returns for your clients' families. Do so by August 27 and receive a $200 reduction in regular tuition fees.

The Tax Efficient Retirement Income Calculator is a powerful tool that advisors can use virtually every day in almost any retirement scenario. The calculator provides an easy way to quickly see if a client is able to meet their after-tax retirement income goals based on any combination of income. 

To limit regulatory burdens on small businesses imposed by the federal government and to make the relationship between Canadian small businesses and the federal government more transparent, accountable, and predictable, CRA has announced more improvements to its “Red Tape Reduction Program” this month, primarily through the improved use of technology.

Knowledge Bureau is pleased to introduce a one year certification and designation program entitled Fast-Track.