Does the Liberal 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?
October 1, 2013. National business educator Evelyn Jacks, president of Knowledge Bureau has added two new distinctions this year: she was recently ranked one of Canada’s Top 25 Women of Influence for the second year and she is the Manitoba Club’s 2nd female president in its 77 year history.
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When family situations change—whether by design or happenstance—cash flows are often affected and adjustments must be made to either find new sources of cash or to make existing income sources more tax efficient thereby increasing after-tax cash flow.
CRA announced on September 23 that the prescribed annual interest rates will indeed go up by 1% on amounts owed to and by the CRA by individuals and corporations.
Does the Liberal 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?