News Room

KBR Poll: A Huge Opportunity for Tax Reforms

The Knowledge Bureau News Network was vibrant last month, especially in the Knowledge Bureau Report Poll. Over 98% of readers who answered overwhelmingly were in favor of tax reforms and they had some great comments as well. Take a look:

Lack of succession planning could dampen economic growth

Aging small and medium-sized business owners are ill prepared to transition their businesses and that oversight, says CIBC economist Benjamin Tal, could be costly — for business owners and for the economy.

Evelyn Jacks: Giving the gift of tax freedom

Christmas has just gotten a lot easier in Canada, thanks to the Santas in the federal government.

“Break fees” taxable as income

If a company receives a “break fee” in a failed takeover attempt, that fee is income for tax purposes, not a capital gain or a non-taxable “windfall.”

Competency-based hiring

If you are hiring, it is important that you hire the “right” person for the job and “competency models” can help you do that.

Deadline in Ontario for retail sales tax rebates and refunds

If you qualify for a rebate or refund under Ontario’s Retail Sales Tax (RST) the deadline for applications is fast approaching.

Featured Course: Basic Bookkeeping

This insightful course has been newly updated! For those who want to learn the 'why' and 'how' behind helpful software tools- free trial available!
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    5 votes
    9.62%
  • No
    47 votes
    90.38%