Confirmed: The CCR for Small Business is Tax Free
Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall. Some of the more significant details are discussed below.Indexation Factor Set for 2017
It may take a few weeks before CRA posts the numbers for 2017 tax brackets and personal amounts but the indexation factor is now determined. Get your exclusive peek at the new tax brackets for 2017 now.
Year-End Tax Secrets: Mutual Funds
Mutual funds are common investments but can often cause some tax confusion, particularly because investors don’t understand their real returns from these investments, after fees and taxes.
Two Hot Tax Tips for Year-End Planning
If you want your clients to start 2017 on a sound financial footing, you’ll help them with the one BIG thing they can do before year-end to keep more money in their pockets in 2016: reduce their taxes with these two smart tips for tax savings.
Financing for Start-ups: There Are More Options Than You Think
Seeking the best solution to finance your start-up venture is essential to the long-term success of your business. The right solution depends on the current needs of the business, as well as those you anticipate in the future.
It’s Not Too Late: Register Now for the Distinguished Advisor Workshop
The Distinguished Advisor Workshops, fall edition, begin Thursday in Vancouver—a great way to earn 10 CE credits and officially start adding value to your client relationships with sound year-end tax planning opportunities. This is your chance to listen to top industry experts, learn from peer-to-peer interactions, and ask your most burning questions.
Owner-Managers Want Professionals to Guide Them Proactively
Are you being proactive in giving advice to your business-owner clients? Or is your work simply reactive to the transactions you are recording? Knowledge Bureau’s Managerial Accounting course trains advisors to better assist business owners with decision-making by being strategic and forthcoming with an interpretation of the information in the financial statements.
